Magna Posts 2021 Annual Report

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AURORA, Ontario, March 25, 2022 (Globe NEWSWIRE) — Magna Worldwide Inc. (TSX: MG NYSE: MGA) these days introduced that its 2021 Once-a-year Report, which includes Management’s Discussion and Analysis and Audited Consolidated Fiscal Statements, Yearly Information Type (AIF) and Type 40-F, are now available on the company’s internet site, www.magna.com.  Magna has also filed these paperwork with the Canadian Securities Administrators (obtainable by its web-site at www.sedar.com) and the U.S. Securities and Trade Commission (available via its web-site at www.sec.gov/edgar).

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Our 2022 Annual and Distinctive Assembly of Shareholders will be held on Tuesday Could 3, 2022, commencing at 10:00 a.m. (Japanese Daylight Time). The assembly is remaining executed as a digital-only assembly obtainable at www.virtualshareholdermeeting.com/mga2022.        

Magna will offer a tough duplicate of its audited fiscal statements as contained in our 2021 Yearly Report to Shareholders, totally free of demand, on ask for via our internet site or in crafting to Magna Worldwide Inc., Attn: Corporate Secretary, 337 Magna Generate, Aurora, ON, Canada L4G 7K1.

Trader Make contact with
Louis Tonelli, Vice-President, Trader Relations
[email protected], 905.726.7035

MEDIA Speak to
Tracy Fuerst, Vice-President, Company Communications & PR
[email protected], 248.761.7004

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OUR Small business ⁽¹⁾
Magna is a lot more than just one of the world’s largest suppliers in the automotive area. We are a mobility technologies company with a world wide, entrepreneurial-minded group of 158,000 workers and an organizational composition designed to innovate like a startup. With 60+ a long time of knowledge, and a techniques solution to style, engineering and production that touches almost each individual part of the motor vehicle, we are positioned to aid advancing mobility in a transforming business. Our worldwide community includes 343 production functions and 91 products development, engineering and product sales centres spanning 28 countries. Our prevalent shares trade on the Toronto Inventory Trade (MG) and the New York Inventory Trade (MGA). For additional details about Magna, check out www.magna.com.

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_{⁽¹⁾ Production operations, merchandise enhancement, engineering and profits centres and worker figures include specified equity-accounted operations.}