Dear Valued Shareholder:
Magna International Inc. (“Magna”) is pleased to introduce TSX Trust Company (“TSXT”) as the new stock transfer
agent, registrar and dividend disbursing agent for your Magna common shares. Effective February 2, 2024, allshareholder records previously maintained by Computershare Investor Services Inc., have been transferred toTSXT. Additionally, TSXT is the current administrator of the Company’s Dividend Reinvestment Plan.
ONLINE ACCOUNT ACCESS:
Accessing the TSXT website is designed to be simple and secure. In order to access your Magna account online,
please follow these steps to create a new investor ID:*Please have your new Account Number (included in the dividend cheque or the dividend reinvestment statement)
available, as it is required for online account set up.
Step 1: Go to www.tsxtrust.com/a/investor‐hub
Step 2: Under Investor Central Click on Register located at the right‐hand side of the screen and complete theshort registration process to create your unique login ID
SHAREHOLDER ASSISTANCE
If you would like help in setting up your online account, or for any other inquiries related to your Magna sharessuch as your account balance, status of dividend payments, change of address, lost certificates or transfer ofownership of shares, you may direct your inquiries via any of the channels listed below.
By Telephone:
1‐800‐387‐0825
416‐682‐3860
By Email:shareholderinquiries@tmx.com
By Mail:
TSX Trust Company
301‐100 Adelaide Street West
Toronto, ON M5H 4H1
Please see the accompanying page for answers to questions you may have regarding your account.
Sincerely,Magna International Inc.

Shareholder FAQs
What action do I need to take at this time?
No action is required. All of your Magna common share account information will be transferred to TSXT. However,
you will need to set up a new online account as explained above to view your holdings online.

Do I need to exchange my Magna stock certificates?
No exchange is necessary.

Are my dividend cheques issued to me by the previous agent still valid?
Yes, the dividend checks are valid for 60 days from the date of issue. If you need help, please contact the TSXT callcenter at 1‐800‐387‐0825.

What action do I need to take if I am currently enrolled in the Dividend Reinvestment Plan (the “DRIPPlan”)?
If you are currently enrolled in the DRIP Plan, no action is needed by you at this time. Your account willautomatically be set up in the DRIP Plan with TSXT. If you are not enrolled, but would like to participate in the DRIP
Plan, you can enroll directly online by going to www.tsxtrust.com and following the steps for easy enrolment or bycalling TSXT at 1‐800‐387‐0825.

Will TSX have my historical account information?
Yes, all account information is being transferred from the previous agent to TSXT.

Can I use my Computershare Investor ID account number?
No, you can no longer use the Computershare Investor ID account to log in to the online access. Please refer to thesteps in the accompanying letter to obtain a new access ID.

Where do I find my new share account number?
You can find your new share account number on any dividend cheque or dividend reinvestment statement(s)issued by TSXT.

Will I need to recertify my residency status to maintain the reduced tax withholding rate on my share
dividends under CRA (Canada Revenue Agency) and/or IRS (Internal Revenue Service) regulations?
Yes; separate tax forms will be forwarded to you. Please complete the forms and forward them to TSXT.