Magna International (MG) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced with a welcome and acknowledgment of Dr. Indira V. Samarasekera's 12-year service on the board.

• Agenda included presentation of the 2025 annual report, election of directors, reappointment of auditors, and an advisory vote on executive compensation.

• Confirmation of proper meeting notice, quorum, and procedural details for voting and questions were provided.

Board and executive committee updates

• Dr. Indira V. Samarasekera's retirement from the board was recognized for her contributions to the Talent and Oversight and Compensation Committee.

Overview of voting outcomes

• Clear majority votes were cast for the election of all 12 director nominees.

• Deloitte LLP was reappointed as independent auditors with authorization for the audit committee to fix remuneration.

• Advisory resolution on executive compensation was approved by a clear majority.

• Final voting results to be disclosed by press release and filed on SEDAR+ and EDGAR within 24 hours.