Magna Posts 2021 Annual Report

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AURORA, Ontario, March 25, 2022 (GLOBE NEWSWIRE) — Magna Worldwide Inc. (TSX: MG; NYSE: MGA) right now introduced that its 2021 Annual Report, together with Administration’s Dialogue and Evaluation and Audited Consolidated Monetary Statements, Annual Data Type (AIF) and Type 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 by its web site at www.sedar.com) and the U.S. Securities and Change Fee (accessible by its web site at www.sec.gov/edgar).

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Our 2022 Annual and Particular Assembly of Shareholders can be held on Tuesday Might 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 by 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 house. We’re a mobility expertise firm with a world, entrepreneurial-minded group of 158,000 staff and an organizational construction designed to innovate like a startup. With 60+ years of experience, and a programs strategy to design, engineering and manufacturing that touches practically each side of the automobile, we’re positioned to assist advancing mobility in a reworking business. Our international community contains 343 manufacturing operations and 91 product improvement, engineering and gross sales centres spanning 28 international locations. Our widespread 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 improvement, engineering and gross sales centres and worker figures embrace sure equity-accounted operations.}