Q1 2020 Earnings Overview

Q1 2020 Segment Results (incl. COVID-19 Impact) MAGNA ($Millions, unless otherwise noted) BODY EXT. & STRUCTURES Q1 2019 Q1 2020 POWER & VISION Sales 4,308 3,676 Sales Q1 2019 3,083 Q1 2020 2,523 Adjusted EBIT 363 199 Adjusted EBIT 216 135 Adjusted EBIT % 8.4% 5.4% Adjusted EBIT % 7.0% 5.4% COVID-19 - Sales ~425 COVID-19 - Sales - EBIT margin ~200-250BP - EBIT margin ~300 ~200-250BP SEATING Sales Adjusted EBIT Q1 2019 Q1 2020 COMPLETE VEHICLES Q1 2019 Q1 2020 1,433 1,261 Sales 1,928 1,321 94 40 Adjusted EBIT 28 50 Adjusted EBIT % 6.6% 3.2% Adjusted EBIT % 1.5% 3.8% COVID-19 - Sales EBIT margin ~150 COVID-19 - Sales ~225 ~200-250BP - EBIT margin ~25-50BP 1 It is difficult to determine with a high degree of accuracy the value of sales lost as well as the impact to EBIT specifically as a result of the temporary suspension of production at OEM plants brought on by COVID-19. However, based on our expectations prior to the production suspensions compared to final production levels for the first quarter, we estimate such lost sales to have been approximately $1.1 billion and that Adjusted EBIT was negatively impacted by approximately $250 million. 18

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