Investor Presentation May 2021

Innovative Electrification Solutions MAGNA EtelligentEco Connected PHEV system . Up to 38% emission reduction • Unique cloud connectivity feature • • Smart cruise control and eco routing Class-leading performance in all-electric driving New Benchmark for Efficient Plug-in-Hybrid Technology EtelligentReach Battery-electric drive system • 30% range extension • • • Combination of Next-Gen eDrive, software and controls • Improvement in efficiency and driving dynamics • First awarded business BEV Drive System for Best-in-Class Range and Dynamics EtelligentForce EV solution for pick-up trucks Drop-in replacement retains pick-up truck capability Leverage existing assembly processes and installed capital First significant change to solid beam rear axle in more than 100 years Electrifying Trucks without Compromising Utility Investor Presentation - May 2021 14

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