Exhibit 99.2

 

MAGNA INTERNATIONAL INC.

 

REPORT OF VOTING RESULTS

 

FOR THE ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS HELD ON MAY 8, 2025

 

In accordance with Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following sets out the matters voted on at the annual and special meeting of shareholders of Magna International Inc. (the "Company") held on Thursday, May 8, 2025. Each of the matters is described in greater detail in the Company's Notice of 2025 Annual and Special Meeting of Shareholders and Management Information Circular/Proxy Statement dated March 27, 2025. A total of 221,621,186 Common Shares, or 78.66% of the Company’s issued and outstanding Common Shares, were represented in person or by proxy at the meeting. The manner in which the votes and proxies received, as applicable, were cast in respect of each matter is set out below.

 

1.Election of Directors

 

The following resolutions were passed, and the Company’s 13 nominees were elected as directors of the Company by the holders of Common Shares.

 

Resolution Votes For Votes Withheld/Against
# % # %
Elect Mary S. Chan as Director 209,018,939 98.05% 4,159,027 1.95%
Elect Hon. V. Peter Harder as Director 210,120,081 98.56% 3,059,219 1.44%
Elect Jan R. Hauser as Director 212,077,567 99.48% 1,101,734 0.52%
Elect Seetarama S. Kotagiri (CEO) as Director 212,174,381 99.53% 1,004,920 0.47%
Elect Jay K. Kunkel as Director 212,169,825 99.53% 1,009,477 0.47%
Elect Robert F. MacLellan as Director 211,303,211 99.12% 1,876,060 0.88%
Elect Mary Lou Maher as Director 212,257,273 99.57% 921,998 0.43%
Elect William A. Ruh as Director 188,240,636 88.30% 24,938,565 11.70%
Elect Dr. Indira V. Samarasekera as Director 182,460,897 85.59% 30,717,994 14.41%
Elect Peter Sklar as Director 212,893,103 99.87% 285,712 0.13%
Elect Matthew Tsien as Director 188,302,364 88.33% 24,876,868 11.67%
Elect Dr. Thomas Weber as Director 211,089,923 99.02% 2,089,179 0.98%
Elect Lisa S. Westlake as Director 188,290,938 88.33% 24,884,919 11.67%

 

 

 

 

2.Appointment of Auditor

 

A resolution was passed by holders of Common Shares to reappoint Deloitte as independent auditor of the Company and to authorize the Audit Committee to fix the independent auditor’s renumeration.

 

Resolution Votes For Votes Withheld/Against
# % # %
Re-Appointment of Deloitte LLP as Auditor 219,528,061 99.06% 2,090,531 0.94%

 

3.Approval of 2025 Incentive Stock Option Plan

 

A resolution was passed by holders of Common Shares to ratify and approve the 2025 Stock Option Plan, a copy of which was appended to the Company’s Management Information Circular/Proxy Statement dated March 27, 2025; and to ratify and approve the 2025 Option Grant, including the 2025 Insider Grant, as further described in the Company’s Management Information Circular/Proxy Statement dated March 27, 2025.

 

Resolution Votes For Votes Withheld/Against
# % # %
Ratification of 2025 Stock Option Plan 203,483,387 95.45% 9,692,621 4.55%

 

4.Say on Pay

 

A resolution was passed by holder of Common Shares to accept the approach to executive compensation disclosed in the Company’s Management Information Circular/Proxy Statement dated March 27, 2025.

 

Resolution Votes For Votes Withheld/Against
# % # %
Advisory Resolution on Executive Compensation 173,620,127 81.44% 39,555,176 18.56%