EX-99.1 2 a13-11918_3ex99d1.htm EX-99.1

Exhibit 99.1

Magna International Inc. 337 Magna Drive Aurora, Ontario Canada L4G 7K1 Tel:  (905) 726-2462 Fax:  (905) 726-7164 www.magna.com

PRESS RELEASE

MAGNA ANNOUNCES 2013 ANNUAL MEETING RESULTS

May 10, 2013, Aurora, Ontario, Canada. 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 80.59% 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.

Contact

For further information, please contact Vince Galifi, Executive Vice-President and Chief Financial Officer at 905-726-7100.

ABOUT MAGNA

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 www.magna.com.

APPENDIX “A”

VOTING RESULTS – 2013 ANNUAL MEETING OF SHAREHOLDERS

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

* No invalid proxies were submitted.