Magna International Unveils Targets Through 2030 Including Adjusted EPS CAGR OF At Least 15% And Organic Sales Growth CAGR Of 2-4% Above Market

Magna International Inc. (TSX:MG, NYSE:MGA) is holding an Investor Day this morning in New York City, where it will showcase The Power of Magna. The presentation materials include new and compelling mid-term financial targets covering the period through 2030. The targets reflect Magna's strategy to grow above market, execute with excellence and deploy capital with discipline.

Financial Targets:

Organic sales growth: 2-4% above market on a compound annual basis through 2030
Adjusted EBIT margin: 200+ basis points of margin improvement from 2026 through 2030
Adjusted EPS: Compound annual growth of at least 15% through 2030
Free cash flow (FCF): Average FCF conversion on adjusted net income of at least 85% over the 2027-2030 period
Adjusted ROIC: Greater than 15% by 2030
Magna has solid visibility into its growth, with more than 90% of expected 2028 sales and more than 60% of expected 2030 sales supported by existing business and awarded programs. The company recently renewed its normal course issuer bid (NCIB) and intends to fully complete the repurchase of almost 26 million shares over the next 12 months.

"These targets reflect our confidence in Magna's strategy, our capabilities and the opportunities that lie ahead," said Swamy Kotagiri, Chief Executive Officer at Magna. "Against a modest growth environment, we believe we have a clear path to grow above market, continue expanding margins and create long-term value for our shareholders."

Investor Day Webcast and Materials

Magna's 2026 Investor Day begins today at 9 a.m. ET. The event will be webcast live, and participants can register at www.magna.com/investorday2026-virtual. The presentation materials are available at www.magna.com/company/investors, and a replay of the webcast will be available following the event.