Investor Presentation May 2021

Forward Looking Statements MAGNA Certain statements in this presentation constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements"). Any such forward-looking statements are intended to provide information about management's current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, strategic objectives or economic performance, or the assumptions underlying any of the foregoing, and other statements that are not recitations of historical fact. We use words such as "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "believe", "intend", "plan", "aim", "forecast", "outlook", "project", "estimate", "target" and similar expressions suggesting future outcomes or events to identify forward-looking statements. The following table identifies the material forward-looking statements contained in this document, together with the material potential risks that we currently believe could cause actual results to differ materially from such forward-looking statements. Readers should also consider all of the risk factors which follow below the table: Material Forward-Looking Statement Material Potential Risks Related to Applicable Forward-Looking Statement Total Sales Segment Sales 2023 & 2027: • Electrification-related Managed Sales • ADAS Compound Annual Sales Growth Adjusted EBIT Margin • Segment Adjusted EBIT Margin Net Income Attributable to Magna Mandatory stay-at-home orders and other restrictions to help contain COVID-19 spread could impact vehicle sales, vehicle production and our own production Economic impact of COVID-19 on consumer confidence Supply disruptions, including as a result of a semiconductor chip shortage currently being experienced in the industry and shortages of, or supply constraints on, certain critical materials such as chemicals for seating foam, resins for plastic components, rubber as well as certain types of steel • Concentration of sales with six customers Shifts in market shares among vehicles or vehicle segments • Shifts in consumer "take rates" for products we sell Intense competition Consumer adoption of electrified vehicle offerings and ADAS features Our ability to grow sales with new entrant electric vehicle OEMS Shifts in market shares among vehicles or vehicle segments Shifts in consumer "take rates" for products we sell • Our ability to consistently develop and commercialize innovative products or processes • Same risks as for Total Sales/Segment Sales above Operational underperformance Higher costs incurred to mitigate the risk of supply disruptions, including: materials price increases; higher-priced substitute supplies; premium freight costs to expedite supply of materials; production inefficiencies due to production lines being stopped/restarted unexpectedly based on customers' production schedules; and, potential fines/penalties if customer production is disrupted Price concessions Equity Income • Tax risks • Same risks as Adjusted EBIT Margin and Net Income Attributable to Magna above • Risks related to conducting business through joint ventures Free Cash Flow • Same risks as for Total Sales/Segment Sales, and Adjusted EBIT Margin/Segment Adjusted EBIT Margin & Net Income Attributable to Magna above Investor Presentation - May 2021 2

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