Investor Presentation May 2021

2021 Outlook 20231 MAGNA Assumptions MAY FEBRUARY Light Vehicle Production (millions of units) North America 15.6 15.9 16.3 Europe 18.5 18.5 20.1 24.7 24.0 26.0 China Foreign Exchange Rates • 1 CDN dollar equals USD 1 EURO equals USD 1 RMB equals USD $ Billions, Unless Otherwise Noted Sales • Body Exteriors & Structures • Power & Vision • Seating Systems • Complete Vehicles Total Sales Adjusted EBIT Margin %² Equity Income Interest Expense Income Tax Rate³ Net Income Attributable to Magna+ Capital Spending 1 We have not updated 2023 Outlook ranges from our February 19th, 2021 press release 2 Adjusted EBIT Margin is the ratio of Adjusted EBIT to Total Sales 3 The Income Tax Rate has been calculated using Adjusted EBIT and is based on current tax legislation 4 Net Income Attributable to Magna represents Net Income excluding Other expense (income), net 0.797 0.770 0.770 1.201 1.210 1.210 0.153 0.153 0.153 $16.5 - $17.1 $12.0 - $12.4 $5.6 $5.9 $6.7 - $7.0 $40.2 $41.8 7.2% -7.6% $120M $150M ~$100M -23% $2.2 $2.4 -$1.6 $16.5 - $17.1 $11.6 $12.0 $5.8-$6.1 $6.5-$6.8 $40.0 - $41.6 7.1% -7.5% $85M $115M ~$110M -23% $2.1 - $2.3 -$1.6 $18.0-$19.0 $13.0-$13.6 $6.1 - $6.5 $6.3 - $6.8 $43.0 - $45.5 8.1% -8.6% $155M $200M Investor Presentation - May 2021 31

View entire presentation