Q1 2020 Earnings Overview

. 1 Maintain Strong Capital Allocation Principles Unchanged \\MAGNA Preserve liquidity and high investment grade credit ratings Balance Sheet . Maintain flexibility to invest for growth 2 Invest for Growth Organic opportunities (disciplined capital spending) Innovation Acquisitions that fit product strategy Board approved Q1 2020 dividend 3 Return Capital to Shareholders Stopped share repurchases given ongoing uncertainty Ongoing focus on Free Cash Flow Generation and ROIC 20

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