Investor Presentation May 2021

Global Production Network Well- Established • • 2019 2020 MAGNA Future Central Europe Eastern Europe Asia North America Graz, Austria Six SOPs delivered in 24 months Battery electric, hybrid and ICE vehicles produced in the same facility and on same production lines Hoče, Slovenia State-of-the-art paint shop with 100k capacity Potential to expand to over 200k complete vehicles • Zhenjiang, China Contract manufacturing joint-venture with BJEV launched in 2020 Potential to establish a scalable footprint Can leverage our best people using Magna's North American footprint jointly with experts from Graz • Battery electric vehicle production Ability to Scale and Localize in Key Markets Investor Presentation - May 2021 22

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