May 2, 2006 Siegfried Wolf Co-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, North America $119 $3,187 $9, Europe $0 $41$ Asia CAGR 17% CAGR 43% $ Millions Magna Sales By Region

Magna Sales By Customer

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

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 in Japan and North America Second breakthrough all wheel drive contract Seating and interiors awards in Korea Additional opportunities throughout Asia

Targeting 10-15% 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

* Based on Annual Income Tax Filings Continuing to Invest in the Future R&D Spending* $ Millions

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