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Accelerating Our Competitive

Position: Recap of the Annual


Shareholders' Meeting
Each year Magna hosts its Annual Shareholders' Meeting to present our financial status, company growth plan, latest
innovations and more. Not only does this allow us to showcase our company within the investment community, but it
allows us to engage with over 200 employees in person and thousands more across the web.

Leveraging the Magna Advantage

Outpacing the industry

Noting that the automotive industry has changed


more in the last five years than it did in the past 50,
Don Walker kicked off the meeting by emphasizing
why Magna is unique and so successful in
comparison to other automotive suppliers. Magna
has a broad portfolio of products, cross-group
module capability, engineering expertise and deep
systems knowledge. We can also manufacture
complete vehicles and integrate electronics
throughout the entire vehicle. This is the Magna
Advantage and what will help us continue to grow in
terms of sales and profitability.

Vince Galifi said, Looking over the past six years,


our consolidated production sales have grown at
more than twice the rate of global vehicle production.
Recently,
there has
also been
substantial
appreciation
of the US
dollar relative
to a number
of currencies
in which we
operate, so
if you restate
Vince Galifi, Magnas Chief Financial Officer
the reported
sales numbers
on a constant
currency basis, our growth has been almost triple
the market.

This competitive differentiation allows us to deliver


holistic solutions to our customers, including
innovative
products that
are smarter,
safer, lighter,
and cleaner.
Ultimately,
our broad
capabilities
will prove
critical to our
ability to take
advantage of
trends, and
Don Walker, Magnas Chief Executive Officer
will position
us, as well as
anyone, to
deal with new industry players, said Don.
In 2015, we continued to refine and strengthen our
diverse product portfolio. We focused on entering
product areas with greater strategic potential that
enhance our existing capabilities, footprint and
customer base. The acquisition of the GETRAG
Group of Companies, one of the worlds leading
independent suppliers of automotive transmissions,
complements our powertrain expertise and will
provide us with
new opportunities.
4 | Magna People | Issue 2 | 2016

Consolidated sales for 2015 rose three percent to


$35.5 billion dollars. The sales growth is largely
reflected by increased North American and European
vehicle production, as well as the launch of new
programs around the world. Total sales for 2016 are
expected to be in the range of $35.5 to $37.2 billion
dollars; up between 11 and 16 percent from 2015.

Capitalizing on Opportunities
Jim Tobin shared that global vehicle production
in 2015 finished at 88 million units and over the
next seven years we will see another 19 million
units of production. Key markets reflecting that
growth include China, US, Mexico and India, which,
combined, account for 72% of the increase and are
consistent with Magnas geographic strategy.
We are confident that Magna is aligned with
the needs of our global customers and the end
consumer. Based on proactive strategy discussions

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