Magna International Inc.

Customers Major Customers While we supply products and services to a large number of customers worldwide, sales to our six largest customers represented the following proportions of our consolidated sales in 2025 and 2024: Proportion of Magna Sales Magna Sales Ranking (1) OEM Ranking (2) Customer 2025 2024 1 6 General Motors 15% 16% 2 15 Mercedes-Benz 15% 13% 3 8 Ford 12% 12% 4 13 BMW 12% 12% 5 2 Volkswagen 11% 10% 6 4 Stellantis 11% 10% Other 24% 27% TOTAL 100% 100% Note: 1 Based on 2025 Magna Total Sales. Refer to Note 25[d] of our consolidated financial statements as at and for the year ended December 31, 2025. 2 Based on 2025 global light vehicle production. Customer Management Offices We have a globally structured sales, engineering, and marketing team spread across multiple global locations where our customers maintain engineering, commercial, and/or manufacturing facilities. The various internal operating divisions and subsidiaries of the automobile manufacturers normally initiate many of their own purchasing decisions. As a result, an automobile manufacturer may effectively constitute multiple customers. Purchase Orders Our sales are generated through customer requests to quote on particular products, as well as the tools and dies required to produce parts. Purchase orders for our products are typically for one or more models, and typically extend over the life of each model, which is generally four to seven years. However, purchase orders issued by our automobile manufacturer customers typically do not require them to purchase any minimum number of our products.