May 2, 2006

Siegfried WolfCo-Chief Executive Officer

Magna International Meeting of Shareholders

Overview

• Magna growth drivers

• New automotive markets

• Customer diversification

• Modules

• Innovation and technology

• Leveraging product capabilities

• Investment strategy

• Magna strengths

$1,762

$6,851

$12,754

93 00 05

North America

$119

$3,187

$9,879

93 00 05

Europe

$0 $41 $130

93 00 05

Asia

CAGR17%

CAGR43%

$ Millions

Magna Sales By Region

Magna Sales By Customer

20051993

8.3

2.21.8

0.7 0.9

Asia Europe N.A. S.A. Other

Increase in Production Units 2004 to 2010 (Millions)

Source: J.D.Power / LMC

Global growth by 2010: 22% or 13.9M units

Automotive Production Growth by Region

Automotive Production Growth by Region

• Nearly 60% of growth in Asian market

• Growth in Eastern Europe

• Current presence in many product areas

• Target new business in Turkey and Russia

Magna Activity in Asia

• New facilities and joint ventures

• Purchasing offices established in China, Korea

• Offices in Thailand and India

• Increased engineering resources

• New facilities launching

Successes with Asian-based OEMs

• Significant interiors and stampings in North America

• All wheel drive business with Nissan inJapan and North America

• Second breakthrough all wheel drive contract

• Seating and interiors awards in Korea

• Additional opportunities throughout Asia

Targeting10-15% by 2010

Production Sales to Asian-based OEMs

Growth in Modules

• Complex, highly engineered

• Incorporate new technologies

• Fewer suppliers can support modules

• Cross group opportunities

0

200

400

600

800

2001 2002 2003 2004 2005E

* Based on Annual Income Tax Filings

Continuing to Invest in the Future

R&D Spending*$ Millions

Innovation and Technology

Innovation and Technology

Investment Strategy

• Unique / complementary technologies

• Provide growth opportunities with targeted customers

• Strengthen global position

• Buy existing capacity rather than installing

• Compelling financial transaction

Appropriate Returns On Investment

Acquisitions

Magna Strengths

• Strong reputation

• Excellent technologies

• Deep technical skills

• Global presence

• Strong balance sheet

• Unique entrepreneurial culture

• Motivated management

• Great workforce

• Attract and retain the best people