On May 13, 2025, Magna International Inc. announced a public offering of €575 million (C$845 million) aggregate principal amount of 3.625% senior unsecured notes due March 27, 2031. The notes will bear interest at 3.625% annually, payable in arrears beginning March 27, 2026. Proceeds are intended for general corporate purposes, including potential debt repayment, capital expenditures, and working capital.

The offering is being made through an underwriting agreement dated May 13, 2025. BNP PARIBAS, Citigroup Global Markets Limited, and Merrill Lynch International are acting as representatives of the underwriters. The full underwriting syndicate includes:

• BNP PARIBAS, Citigroup Global Markets Limited, Merrill Lynch International (€86.25M each)

• Commerzbank Aktiengesellschaft, ING Bank N.V. (€46.576M each)

• Scotiabank Ireland DAC (€37.375M)

• HSBC Bank plc, RBC Europe Limited, TD Bank, Loop Capital Markets, ICBC Standard Bank plc, J.P. Morgan Securities plc, Raiffeisen Bank International AG, Wells Fargo Securities International Ltd. (ranging €15.812M–€26.45M)

• CIBC London Branch, Goldman Sachs & Co. LLC (€11.5M each)

Legal counsel to Magna includes Osler, Hoskin & Harcourt LLP (Canada) and Sidley Austin LLP (U.S.). The underwriters are represented by Allen Overy Shearman Sterling US LLP for U.S. legal matters.

This euro-denominated issuance demonstrates Magna’s strategic use of global capital markets and its commitment to financial flexibility within the automotive sector.