Joint News Release - Magna and BASF team up in support of Road Hockey to Conquer Cancer

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Companies donate $20,000 to cancer care and research

AURORA and MISSISSAUGA, CANADA, October 4, 2018 -- Magna International Inc. and BASF made a joint donation of $20,000 to Road Hockey to Conquer Cancer for the Princess Margaret Cancer Foundation.

Rallying together to support the event, both companies teamed up for a friendly road hockey tournament and fundraiser that featured a variety of celebrity appearances. Mark Napier, former Stanley Cup winner with the Montreal Canadiens and the Edmonton Oilers, joined the Magna/BASF team as an honorary player. The team was among the top 35 donors to the cause.

“Teamwork, dedication and achieving goals; these are fundamental parts of hockey and are also reflected in our commitment to supporting the communities where we live and work,” said Marc Neeb, Chief HR Officer at Magna. “We’re especially thrilled to be able to work with our colleagues at BASF for a third consecutive year to help fight cancer across Canada.”

“BASF and Magna share a common goal when it comes to taking action in support of the Princess Margaret Cancer Foundation’s vision to conquer the disease in our lifetime,” said Robert Hutchings, Key Account Manager, BASF. “By working together to support charitable giving and volunteerism activities, our combined efforts have a greater impact on the communities where we live and work.”

The joint donation will help support breakthrough cancer research, patient care and education programs.

Suggested Caption: Employees from Magna International and BASF Canada are joined by Mark Napier, former Stanley Cup winner with the Montreal Canadiens and the Edmonton Oilers, at the Road Hockey to Conquer Cancer tournament in Toronto.

About Magna

We have more than 173,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a technology company and one of the world's largest automotive suppliers with 339 manufacturing operations and 89 product development, engineering and sales centers in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions.  Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA).  For further information about Magna, visit www.magna.com.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,200 employees in North America and had sales of $17.9 billion in 2017. For more information about BASF’s North American operations, visit www.basf.com.

BASF Canada, headquartered in Mississauga, Ontario, has approximately 700 employees at 11 production facilities and offices located across Canada. BASF Canada is a subsidiary of BASF SE, and an affiliate of BASF Corporation. To find out more about BASF’s activities in Canada, visit www.basf.ca or follow us on twitter www.twitter.com/basfcanada.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of €64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.