Magna Code of Conduct and Ethics

To report suspected violations of Magna’s Code of Conduct and Ethics,

Why it’s Important to

Employees

Our Choices Drive Integrity

Life is full of choices, and we make many of them in the blink of an eye, every day.

But some choices are much more important than others. And the choices we

make as we represent Magna reflect on the company as a whole as well as

ourselves.

In short, our choices drive integrity.

Magna has a Code of Conduct and Ethics to help guide us in making the best

choices in the workplace. This Code applies to ALL Magna employees globally,

including corporate/group offices, manufacturing divisions and joint ventures.

Magna expects all employees to read and understand the Code of Conduct and

Ethics and to always act in an ethical and honest way. Making the right choices

and following the laws and regulations that govern our business are critically

important to our success, now and in the future.

What You Can Do

Magna is relying on you to help us drive integrity throughout the organization. We are

asking you

• To know the Code of Conduct and Ethics and related policies

• To speak up if you believe a possible violation of the Code of Conduct and

Ethics has occured, or have a question about the Code

• To live the basic principles that make up the Code of Conduct and Ethics, every day

This is what we mean when we say:

Know it. Speak it. Live it.

Magna’s success

depends on our people taking an active role and making sure all of us conduct

business in an ethical way.

Expectations of Executives / Senior Officers / Managers

As leaders of the company, Magna executives, senior officers and managers are

expected to set the highest ethical standard for themselves, in turn setting an example

for their teams to follow. Magna’s leaders are also expected to be diligent and alert

to any potential violations of the Code and report concerns on a timely basis. They

must also maintain an environment in which employees can feel comfortable raising

compliance concerns. This leadership by example is critical in establishing and

maintaining the company-wide standards of behaviour outlined in this Code.