0001171843-24-002724.txt : 20240510 0001171843-24-002724.hdr.sgml : 20240510 20240509180326 ACCESSION NUMBER: 0001171843-24-002724 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240509 FILED AS OF DATE: 20240510 DATE AS OF CHANGE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNA INTERNATIONAL INC CENTRAL INDEX KEY: 0000749098 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11444 FILM NUMBER: 24932246 BUSINESS ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 BUSINESS PHONE: 9057262462 MAIL ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 6-K 1 f6k_050924.htm FORM 6-K
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For the month of May 2024

Commission File Number: 001-11444

MAGNA INTERNATIONAL INC.

(Exact Name of Registrant as specified in its Charter)

 

337 Magna Drive, Aurora, Ontario, CANADA  L4G 7K1 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☐      Form 40-F ☒


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 MAGNA INTERNATIONAL INC.
 (Registrant)
   
 
Date: May 9, 2024By:/s/ "Bassem Shakeel"                              
  Bassem A. Shakeel,
  Vice-President, Associate General Counsel and Corporate Secretary
  


EXHIBITS

Exhibit 99 Press Release and Report of Voting Results related to the Registrant’s Annual Meeting of Shareholders held on May 9, 2024.

EX-99 2 exh_99.htm PRESS RELEASE EdgarFiling

EXHIBIT 99

 

logo PRESS RELEASE

Magna Announces 2024 Annual Meeting Results

AURORA, Ontario, May 09, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2024 annual meeting of shareholders held on May 9, 2024. A total of 230,328,916 Common Shares or 80.18% of our issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows:

a.  Election of Directors

Nominee

Votes FORNomineeVotes FOR
Mary S. Chan95.27%Mary Lou Maher98.16%
Hon. V. Peter Harder98.97%William A. Ruh96.46%
Jan R. Hauser99.73%Dr. Indira V. Samarasekera89.07%
Seetarama S. Kotagiri (CEO)99.54%Matthew Tsien96.22%
Jay K. Kunkel99.83%Dr. Thomas Weber95.08%
Robert F. MacLellan97.63%Lisa S. Westlake95.29%

b.  Other Items of Business

Item
Votes FOR
Reappointment of Deloitte99.65%
Say on Pay85.36%


Based on the voting results, all 12 nominees were re-elected to the Board, Deloitte was reappointed as independent auditor, and the “Say on Pay” resolution was approved – in each case by a substantial majority. Detailed voting results are included as Appendix “A” to this press release.

Following the annual meeting, Magna’s Board confirmed:

  • Robert F. MacLellan as Board Chair;
  • Hon. V. Peter Harder as Governance, Nominating and Sustainability Committee Chair;
  • William A. Ruh as Technology Committee Chair; and
  • Dr. Indira V. Samarasekera as Talent Oversight and Compensation Committee Chair.

Additionally, the Board appointed Mary Lou Maher as Audit Committee Chair.

INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com │ 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice-President, Corporate Communications & PR
tracy.fuerst@magna.com │ 248.761.7004

OUR BUSINESS (1)

Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team of 179,000(2) employees across 343 manufacturing operations and 105 product development, engineering and sales centres spanning 28 countries. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on social.

_________________________________

(1) Manufacturing operations, product development, engineering and sales centres include certain operations accounted for under the equity method.

(2) Number of employees includes over 168,000 employees at our wholly owned or controlled entities and over 11,000 employees at certain operations accounted for under the equity method.

 

Appendix “A”
VOTING RESULTS - 2024 ANNUAL MEETING OF SHAREHOLDERS
   
ResolutionVotes ForVotes Withheld/Against
 

#
 

%
 

#
 

%
Elect Mary S. Chan as Director210,757,00895.27%10,459,0724.73%
Elect Hon. V. Peter Harder as Director218,937,62898.97%2,278,4511.03%
Elect Jan R. Hauser as Director220,612,06099.73%604,0190.27%
Elect Seetarama S. Kotagiri (CEO) as Director220,191,58399.54%1,023,4970.46%
Elect Jay K. Kunkel as Director220,843,14899.83%372,9310.17%
Elect Robert F. MacLellan as Director215,972,30797.63%5,243,7722.37%
Elect Mary Lou Maher as Director217,156,63198.16%4,059,4481.84%
Elect William A. Ruh as Director213,392,73796.46%7,823,3423.54%
Elect Dr. Indira V. Samarasekera as Director197,029,15089.07%24,186,92810.93%
Elect Matthew Tsien as Director212,857,57196.22%8,358,0623.78%
Elect Dr. Thomas Weber as Director210,326,39695.08%10,889,6834.92%
Elect Lisa S. Westlake as Director210,793,22995.29%10,422,8504.71%
Re-Appointment of Deloitte LLP as Auditor229,513,18999.65%815,7270.35%
Advisory Resolution on Executive Compensation188,837,91185.36%32,377,92214.64%
     

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