Magna International Inc. · TSX:MG

Magna International — Merger or Acquisition (December 2022)

23 slides from Magna International's merger presentation, Dec 20, 2022

  1. Slide 1: Magna Acquisition of Veoneer Active Safety

    Magna Acquisition of Veoneer Active Safety December 20, 2022

  2. Slide 2: Louis Tonelli, Vice President, Investor Relations

    Louis Tonelli Vice President, Investor Relations

  3. Slide 3: Forward Looking Statements

    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 expectatio

  4. Slide 4: Forward Looking Statements (cont.)

    Forward Looking Statements (cont.) Forward - looking statements are based on information currently available to us and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, a s w ell a

  5. Slide 5: Swamy Kotagiri, Chief Executive Officer

    Swamy Kotagiri Chief Executive Officer

  6. Slide 6: Accelerating Growth in ADAS Positions Magna as a global leader

    Accelerating Growth in ADAS Positions Magna as a global leader Combining complementary businesses broadens product portfolio, customer base and geographic presence Adds significant engineering resources and software expertise Enhances Magna's full ADAS systems capabilities , and increases content pe

  7. Slide 7: Transaction Aligned With Magna's Portfolio Strategy

    Transaction Aligned With Magna’s Portfolio Strategy Accelerate Deployment of Capital Towards High - Growth Areas Impact of Megatrends Positive Impact • eDrives • Battery Enclosures • ADAS • Contract Vehicle Manufacturing Aligned • Lighting • Active Aerodynamics • Body & Chassis • Dual Clutch Transmi

  8. Slide 8: Veoneer Active Safety Profile

    Veoneer Active Safety Profile Camera Systems Radar Systems Domain Controllers (ECUs) Driver Monitoring Key Facts Business Overview > 550 active patents 3,700 employees ~2,200 engineers 15 engineering centres in 8 countries across 3 continents 4 manufacturing sites $1.1bn 2022F Net Sales A leading su

  9. Slide 9: Complementary ADAS Capabilities

    Complementary ADAS Capabilities Magna REAR CORNER RADAR DOMAIN CONTROLLER DRIVER MONITORING SYSTEM FRONT CAMERA FRONT RADAR LIDAR FRONT CORNER RADAR SURROUND CAMERA IN - CABIN MONITORING SYSTEM REAR VIEW CAMERA ULTRASONIC SENSORS x12 DRIVE POLICY SOFTWARE

  10. Slide 10: Complementary ADAS Capabilities

    Complementary ADAS Capabilities REAR CORNER RADAR DOMAIN CONTROLLER DRIVER MONITORING SYSTEM FRONT CAMERA FRONT RADAR LIDAR FRONT CORNER RADAR IN - CABIN MONITORING SYSTEM Veoneer Active Safety NIGHT VISION

  11. Slide 11: Complementary ADAS Capabilities

    Complementary ADAS Capabilities Veoneer Active Safety REAR CORNER RADAR DOMAIN CONTROLLER DRIVER MONITORING SYSTEM FRONT CAMERA FRONT RADAR NIGHT VISION LIDAR FRONT CORNER RADAR SURROUND CAMERA IN - CABIN MONITORING SYSTEM REAR VIEW CAMERA ULTRASONIC SENSORS x12 DRIVE POLICY SOFTWARE Magna Enhanced

  12. Slide 12: Added Electronics Engineering Expertise

    Added Electronics Engineering Expertise including ~1,800 system, software and sensor development engineers engineers ~2,200 Veoneer Active Safety adds

  13. Slide 13: Sales Diversification of Combined Business

    Sales Diversification of Combined Business 2022F Pro Forma ADAS Combined By Customer North America Based By Production Region Europe Based Asia Based North America Europe Asia

  14. Slide 14: Enhanced Complete ADAS Systems Capabilities

    Enhanced Complete ADAS Systems Capabilities • Content per vehicle opportunities • Explore additional possibilities • Strengthens Magna's position in the industry

  15. Slide 15: Expect Strong Growth in Combined ADAS Business

    Expect Strong Growth in Combined ADAS Business $50B ADAS Market by 2030 2022F 2024F Pro Forma Combined ADAS Sales ($Billions) ~1.8 ~$3.0 ~30% CAGR Active Safety

  16. Slide 16: Pat McCann, Chief Financial Officer

    Pat McCann Chief Financial Officer

  17. Slide 17: Transaction Summary and Key Financial Attributes

    Transaction Summary and Key Financial Attributes 1. Excluding Veoneer Active Safety’s cash, net debt and other debt - like items 2. PPA - purchase price amortization. TRANSACTION VALUE $1.525 Billion 1 Enhances Magna’s growth profile and increases megatrend presence Purchase price supported by value

  18. Slide 18: Expected Synergies

    Expected Synergies Key Areas • Procurement • SG&A • Development activities Anticipate annual run - rate synergies of $70+ million by 2025 Integration Team Highly Focused on Realizing Synergies

  19. Slide 19: Next Steps

    Next Steps Closing Expected Near Mid - Year 2023 Integration Team Coordination Employee Engagement Regulatory Filings

  20. Slide 20: Accelerating Growth in ADAS

    Accelerating Growth in ADAS Combining complementary businesses broadens product portfolio, customer base and geographic presence Adds significant engineering resources and software expertise Enhances Magna's full ADAS systems capabilities , and increases content per vehicle opportunities Positions M

  21. Slide 21: \\ inthua

    J \\ inthua Forward. Forall— En EE

  22. Slide 22: Appendix

    APPENDIX

  23. Slide 23: Complementary ADAS Capabilities

    Complementary ADAS Capabilities CAPABILITY TECHNOLOGY EXPERIENCE SCALE COMBINED Front Camera        A leading position Surround View    Other Camera   Front Radar      A leading position Corner Radar     Domain Controller      Poised for a leading position as market develop

Magna International — Merger or Acquisition (December 2022) on 6ix