Magna Posts 2021 Annual Report

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AURORA, Ontario, March 25, 2022 (GLOBE NEWSWIRE) — Magna Worldwide Inc. (TSX: MG; NYSE: MGA) at the moment introduced that its 2021 Annual Report, together with Administration’s Dialogue and Evaluation and Audited Consolidated Monetary Statements, Annual Info Kind (AIF) and Kind 40-F, are actually out there on the corporate’s web site, www.magna.com.  Magna has additionally filed these paperwork with the Canadian Securities Directors (accessible via its web site at www.sedar.com) and the U.S. Securities and Change Fee (accessible via its web site at www.sec.gov/edgar).

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Our 2022 Annual and Particular Assembly of Shareholders will probably be held on Tuesday Could 3, 2022, commencing at 10:00 a.m. (Jap Daylight Time). The assembly is being carried out as a virtual-only assembly accessible at www.virtualshareholdermeeting.com/mga2022.        

Magna will present a tough copy of its audited monetary statements as contained in our 2021 Annual Report back to Shareholders, freed from cost, on request via our web site or in writing to Magna Worldwide Inc., Attn: Company Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice-President, Company Communications & PR
tracy.fuerst@magna.com, 248.761.7004

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OUR BUSINESS (1)
Magna is greater than one of many world’s largest suppliers within the automotive area. We’re a mobility know-how firm with a world, entrepreneurial-minded crew of 158,000 staff and an organizational construction designed to innovate like a startup. With 60+ years of experience, and a methods method to design, engineering and manufacturing that touches almost each side of the automobile, we’re positioned to assist advancing mobility in a remodeling business. Our world community contains 343 manufacturing operations and 91 product growth, engineering and gross sales centres spanning 28 nations. Our frequent shares commerce on the Toronto Inventory Change (MG) and the New York Inventory Change (MGA). For additional details about Magna, go to www.magna.com.

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(1) Manufacturing operations, product growth, engineering and gross sales centres and worker figures embody sure equity-accounted operations.

Magna Posts 2021 Annual Report

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