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Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Magna to Hold Investor Day

February 27, 2020 GMT

AURORA, Ontario, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA), a mobility technology company and global leader in the automotive industry, will hold an Investor Day event. Magna management will present on the state of the company, how its product capabilities align with industry trends, and highlight the company’s growth strategies and financial outlook.

The event will be held at Shangri-La Hotel Toronto, 188 University Ave, Toronto, M5H 0A3 beginning at 8:30 a.m. EST. To view the live webcast, please register by clicking here. The event webcast registration will be available starting at 7:00 a.m. EST. The live stream will begin at 8:30 a.m. EST.

INVESTOR CONTACTLouis Tonelli, Vice President, Investor Relations louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACTS Tracy Fuerst, Vice President, Corporate Communications & PR tracy.fuerst@magna.com, 248.631.5396

ABOUT MAGNAWe are a mobility technology company. We have more than 165,000 entrepreneurial-minded employees and 346 manufacturing operations and 94 product development, engineering and sales centres in 27 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Magna also has electronic and software capabilities across many of these areas. 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/706c6de7-c4ca-46b6-a19a-a13a5e118095