Magna Q4 Report 2023

• Executed on Operational Excellence activities
• 107 customer recognition awards
• Committed to net zero by 2050

Sales Growth

• Weighted Sales Growth over Market of 2% (3% excl. Complete Vehicles)
• ~$12 billion in business awards (average annual sales)
• Continued progress on Veoneer Active Safety integration

Highlights

Consolidated Sales

• $10.5B +9% WEIGHTED GoM -2% (+1% excl. CV)
• $42.8B FY 2023

Adjusted EBIT

• 5.3% +150 bps, 5.2% FY 2023
• $558M +52%, $2.2B FY 2023

Adjusted Diluted EPS

• FY 2023 +41%
• $1.33 $5.49

Free Cash Flow

• $472M
• $209M FY 2023