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Press release from PR Newswire

Magna announces 2013 annual meeting results

Friday, May 10, 2013

Magna announces 2013 annual meeting results

14:32 EDT Friday, May 10, 2013

AURORA, ON, May 10, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) announced voting results from its 2013 annual meeting of shareholders held today. A total of 188,720,891 million Common Shares, or 80.6% of our issued and outstanding Common Shares, were voted in connection with the annual meeting. Shareholders voted in favour of all items of business, including election of each director nominee by a substantial majority as follows:

Scott B. Bonham 99.5%
Peter G. Bowie 99.7%
Hon. J. Trevor Eyton 98.1%
V. Peter Harder 98.1%
Lady Barbara Judge 97.7%
Kurt J. Lauk 99.2%
Donald J. Walker 99.7%
Lawrence D. Worrall 99.7%
William L. Young 98.9%

Additionally, Magna's advisory "say on pay" vote received 75.0% support.  Full results of the votes are included as Appendix "A" to this press release.


We are a leading global automotive supplier with 315 manufacturing operations and 87 product development, engineering and sales centres in 29 countries. Our 121,000 employees are focused on delivering superior value to our customers through innovative processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interiors, exteriors, seating, powertrain, electronics, mirrors, closures and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. For further information about Magna, visit our website at



Resolution Vote Type* Voted Voted (%)
Elect Scott B. Bonham as Director For Withheld 182,853,429 880,235 99.5 0.5
Elect Peter G. Bowie as Director For Withheld 183,193,443 540,220 99.7 0.3
Elect Hon. J. Trevor Eyton as Director For Withheld 180,295,635 3,438,028 98.1 1.9
Elect V. Peter Harder as Director For Withheld 180,221,724 3,511,939 98.1 1.9
Elect Lady Barbara Judge as Director For Withheld 179,550,053 4,183,611 97.7 2.3
Elect Kurt J. Lauk as Director For Withheld 182,292,465 1,441,198 99.2 0.8
Elect Donald J. Walker as Director For Withheld 183,199,999 533,665 99.7 0.3
Elect Lawrence D. Worrall as Director For Withheld 183,185,633 548,030 99.7 0.3
Elect William L. Young as Director For Withheld 181,614,303 2,119,359 98.9 1.1
Appointment of Auditors For Withheld 185,486,401 3,234,382 98.3 1.7
Advisory Resolution on Approach to Executive Compensation For Against 137,713,877 46,020,781 75.0 25.0

* No invalid proxies were submitted.



SOURCE Magna International Inc.

For further information: <p> For further information, please contact Louis Tonell, Vice-President, Investor Relations at 905-726-7035. </p>

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