A MAGNA 1 Q4 2020 Results + 2021 Outlook Call February 19, 2021 Forward Looking Statements | --- | --- | |-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Magna International Inc. (NYSE:MGA) Q3 2020 Earnings Conference Call November 6, 2020 8:00 AM ET Company Participants Louis Tonelli - VP of Investor Relations Donald Walker - Chief Executive Officer Seetarama Kotagiri - President, Magna International and President, Magna Power and Vision Vincent Galifi - EVP and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Merrill Lynch. Itay Michaeli - Citigroup Chris McNally - Evercore ISI Ryan Brinkman - J.P. Morgan Mark Neville - Sc ...

Å MAGNA 1 Q3 2020 Results Call November 6, 2020 Forward Looking Statements Certain statements in this document constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements"). Any such forward-looking statements are intended to provide information about management's current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regarding our futur ...

Financial Data and Key Metrics Changes - In Q2 2020, total sales were $4.3 billion, a decline of $5.8 billion or 58% from Q2 2019 [37] - Adjusted EBIT decreased by $1.3 billion to a loss of $600 million, reflecting the decline in global vehicle production due to COVID-19 related shutdowns [40] - Net loss attributable to Magna was $511 million compared to income of $509 million in Q2 2019 [42] - Diluted loss per share was $71 for the quarter compared to EPS of $59 last year [43] - Cash used for operations was $1.2 billion, representing a $2.2 billion swing from Q2 2019 [44] - Free cash flow was negative $1.5 billion in Q2 [47] Business Line Data and Key Metrics Changes - The company recorded a $168 million charge in Q2 related to restructuring efforts [15] - Detrimental margin associated with COVID-19 was about 22%, reflecting cost control efforts [17] - Organic sales in North America, Europe, and Asia outperformed vehicle production in their respective markets [38] Market Data and Key Metrics Changes - Global vehicle production declined 42% year-over-year, with North America and Europe down 70% and 59% respectively [34] - Vehicle sales and production levels improved sequentially in May and June as lockdowns eased [13] Company Strategy and Development Direction - The company is initiating and accelerating restructuring plans to align with updated midterm expectations [15] - Continued investment in securing future launches despite current uncertainties [18] - Focus on innovation and new product development with the appointment of Sherif Marakby as Executive Vice President of R&D [29] Management Comments on Operating Environment and Future Outlook - Management noted that the production trend line over the next few years will be lower than previously anticipated [14] - The company expects significant improvement in sales from the first half to the second half of the year [14] - Management remains confident in the company's ability to adapt to future challenges [18] Other Important Information - The company won six Supplier of the Year awards from General Motors, recognizing its ability to exceed expectations [19][20] - The company completed a $750 million offering of 10-year senior unsecured notes at a low interest rate [49] Q&A Session Summary Question: Actions that might be sticky as the world normalizes - Management indicated that restructuring actions taken in Q2 will positively impact margins in 2021 [60] Question: Environment for new contracts and launches - Management reported that most program delays are short and that discussions for new contracts are ongoing [65][66] Question: Acquisition opportunities - Management is looking at technology areas for potential acquisitions but remains cautious about the market landscape [72] Question: Impact of government subsidies on detrimental margin - Management stated that government subsidies had a minor impact on the overall detrimental margin [76] Question: Guidance on future profitability and share buyback - Management prefers to wait until the end of the year to reassess the buyback strategy based on cash flow [84] Question: Clarification on second half guidance - Management confirmed that the second half guidance implies a return to flat year-over-year EBIT due to restructuring benefits [90] Question: EV landscape discussions - Management is engaged in discussions with both established automakers and startups regarding complete vehicles [108][110]

A AA A CRIVING EXCELLENCE. 1 Investor Presentation JUNE 2020 Forward Looking Statements Certain statements in this presentation constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements"). Any such forward-looking statements are intended to provide information about management's current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements re ...

Magna International, Inc. (NYSE:MGA) Q1 2020 Earnings Conference Call May 7, 2020 8:00 AM ET Company Participants Louis Tonelli - Vice President, Investor Relations Don Walker - Chief Executive Officer Vince Galifi - Chief Financial Officer Swamy Kotagiri - President Eric Goldstein - Investor Relations Jim Floros - Investor Relations Conference Call Participants John Murphy - Bank of America Merrill Lynch Itay Michaeli - Citigroup Dan Levy - Credit Suisse James Picariello - KeyBanc Rod Lache - Wolfe Researc ...

Å MAGNA 1 | --- | --- | |-------|-------| | | | | | | Forward Looking Statements 2 Certain statements in this presentation constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements"). Any such forward-looking statements are intended to provide information about management's current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regardi ...