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Magna Posts 2020 Annual Report

Magna Posts 2020 Annual Report


AURORA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) — Magna Worldwide Inc. (TSX: MG; NYSE: MGA) right this moment introduced that its 2020 Annual Report, together with Administration’s Dialogue and Evaluation and Audited Consolidated Monetary Statements, Annual Info Kind (AIF) and Kind 40-F, at the moment are out there on the corporate’s web site, www.magna.com.  Magna has additionally filed these paperwork with the Canadian Securities Directors (accessible by its web site at www.sedar.com) and the U.S. Securities and Change Fee (accessible by its web site at www.sec.gov/edgar).

Our 2021 Annual Assembly of Shareholders can be held on Thursday Might 6, 2021, commencing at 10:00 a.m. (Japanese Daylight Time). As a result of COVID-19 pandemic, the assembly is being carried out as a virtual-only assembly accessible at www.virtualshareholdermeeting.com/mga2021.

Magna will present a tough copy of its audited monetary statements as contained in our 2020 Annual Report back to Shareholders, freed from cost, on request by our web site or in writing to Magna Worldwide Inc., Attn: Company Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice-President, Company Communications & PR
tracy.fuerst@magna.com, 248.631.5396

OUR BUSINESS (1)
We’re a mobility know-how firm. We have now over 158,000 entrepreneurial-minded staff, 342 manufacturing operations and 91 product growth, engineering and gross sales centres in 27 international locations. We have now full car engineering and contract manufacturing experience, in addition to product capabilities that embody physique, chassis, exteriors, seating, powertrain, lively driver help, electronics, mechatronics, mirrors, lighting and roof methods. Our widespread shares commerce on the Toronto Inventory Change (MG) and the New York Inventory Change (MGA). For additional details about Magna, go to www.magna.com.

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(1) Manufacturing operations, product growth, engineering and gross sales centres and worker figures embody sure equity-accounted operations.

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