CONFLICT MINERALS POLICY STATEMENTThe Conflict Minerals Disclosure Rule
The U.S. Securities and Exchange Commission (SEC) rule (the “Rule”) under Section 1502 of theDodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) requires
publicly traded companies subject to Securities Exchange Act of 1934 reporting requirements,
to report annually on the use and source of ‘conflict minerals’ in their products. Conflictminerals are defined in the Rule as Gold, as well as, Tin, Tantalum and Tungsten (and theirderivatives Cassiterite, Columbite-Tantalite and Wolframite), which originate in the Democratic
Republic of Congo or an adjoining country specified in the Rule (collectively the “CoveredCountries”). The Rule was implemented to increase supply chain transparency with the aim ofending ongoing violent conflict in the Covered Countries that the U.S. Congress determined isbeing partially financed by revenues generated from the mining and transport of conflictminerals.

Our Commitment
We are committed to taking necessary steps to comply with the Rule and have implemented a
global process to meet our obligations, and reporting to the SEC. We support industry-wide
efforts to identify the source of conflict minerals and certify mines and smelters as “conflictfree”.

Our Objectives and Actions
As required by the Rule, Magna is using the OECD Due Diligence Guidance for Responsible
Supply Chains of Minerals from High Conflict Areas (the “OECD Guidance”), as an international
due diligence framework for meeting the requirements of the Rule. Magna is taking a numberof actions in accordance with this framework, including:• Supporting the requirements of the Rule, which requires the annual reporting of ourreasonable country of origin inquiry with respect to conflict minerals, and if applicable, supply
chain due diligence measures taken;• Involvement as a member of industry associations in efforts to improve supply chaintransparency and compliance with the Rule;• Involvement as a member of the Responsible Minerals Initiative (RMI) which operates aprogram to improve, over time, the ability of companies to track and trace conflict minerals intheir supply chain back to the smelter and mine of origin; and• Strengthening our due diligence program and processes to identify the source of the minerals
used in our products in accordance with the OECD Guidance.

Our Expectations of Suppliers
Magna is committed to sourcing components and materials from companies that share ourvalues and commitment to human rights, ethics and environmental responsibility. We require
our direct suppliers to: (i) support our efforts to comply with the Rule by taking appropriate due
diligence measures to determine the origin of minerals used in products supplied to Magna; (ii)increase awareness of the Rule’s reporting requirements among their suppliers; and (iii)
obtaining information from their suppliers with respect to the origin of minerals used inproducts ultimately supplied to Magna.

COMMUNICATING WITH MAGNA REGARDING CONFLICT MINERALS
Questions regarding Magna’s Conflict Minerals Program can be sent to our dedicated email
address: conflictminerals@magna.com. Concerns regarding this Policy Statement or Magna’s
Conflict Minerals Program can be communicated by phone or online through our confidential
and anonymous Hotline by visiting magnahotline.com. Submissions to the Hotline are received
and tracked by an independent third-party provider, and will be reported to members of ourConflict Minerals team for review and appropriate action.
This Policy Statement is available on our corporate website for reference by our customers,suppliers and other stakeholders.

Originally Enacted: May 30, 2014
Revised: August 22, 2023
Next Review: May 2025
Owner: Conflict Minerals Working Group