将来の見通しに関する記述

Certain statements in this document constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements"). Any such forward-looking statements are intended to provide information about management's current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, strategic objectives or economic performance, or the assumptions underlying any of the foregoing, and other statements that are not recitations of historical fact. We use words such as "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "assume", "believe", "intend", "plan", "aim", "forecast", "outlook", "project", "potential", "estimate", "target" and similar expressions suggesting future outcomes or events to identify forward-looking statements. The following table identifies the material forward-looking statements contained in this document, together with the material potential risks that we currently believe could cause actual results to differ materially from such forward-looking statements. Readers should also consider all of the risk factors which follow below the table:

Material Forward-Looking Statement	Material Potential Risks Related to Applicable Forward-Looking Statement
Light Vehicle Production	Light vehicle sales levels, including due to: A decline in consumer confidence Economic uncertainty Elevated interest rates and availability of consumer credit Deteriorating vehicle affordability Tariffs and/or other actions that erode free trade agreements Production deferrals, cancellations and volume reductions Production and supply disruptions Commodities prices Availability and relative cost of skilled labour
Total Sales Segment Sales	Same risks as for Light Vehicle Production above Alignment of our product mix with production demand Customer concentration Uncertain pace of EV adoption. Including North American electric vehicle program deferrals, cancellations and volume reductions and growth with EV-focused OEMs, particularly Chinese OEMs Shifts in market shares among vehicles or vehicle segments Shifts in consumer "take rates" for products we sell Relative currency values
Adjusted EBIT Margin Net Income Attributable to Magna	Same risks as for Total Sales and Segment Sales above Execution of critical program launches Operational underperformance Product warranty/recall risks Production inefficiencies Unmitigated incremental tariff costs Restructuring costs and/or impairment charges, including due to the ‘reshoring’ of production to the U.S. Inflation Ability to secure planned cost recoveries from our customers and/or otherwise offset higher input costs Price concessions Risks of conducting business with newer EV-focused OEMs Commodity cost volatility Scrap steel price volatility Tax risks, including our dispute with the Mexican tax authority regarding VAT
Equity Income	Same risks as Adjusted EBIT Margin and Net Income Attributable to Magna Risks related to conducting business through joint ventures Risks of doing business in foreign markets Legal and regulatory proceedings Changes in law

Forward-looking statements are based on information currently available to us and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. While we believe we have a reasonable basis for making any such forward-looking statements, they are not a guarantee of future performance or outcomes. In addition to the factors in the table above, whether actual results and developments conform to our expectations and predictions is subject to a number of risks, assumptions, and uncertainties, many of which are beyond our control, and the effects of which can be difficult to predict, including, without limitation:

Macroeconomic, Geopolitical and Other Risks

unpredictable tariff and trade environment;
trade disputes and threats to free trade agreements;
consumer confidence levels;
increasing economic uncertainty;
interest rates and availability of consumer credit;
geopolitical risks;

Risks Related to the Automotive Industry

program deferrals, cancellations and volume reductions;
economic cyclicality;
regional production volume declines;
deteriorating vehicle affordability;
uncertain pace of EV adoption, including North American electric vehicle program deferrals, cancellations and volume reductions;
intense competition;

Strategic Risks

planning and forecasting challenges;
evolution of the vehicle;
evolving business risk profile;
technology and innovation;
investments in mobility and technology companies;

Customer-Related Risks

customer concentration;
market shifts;
growth of EV-focused OEMs, particularly Chinese OEMs;
risks of conducting business with newer EV-focused OEMs;
dependence on outsourcing;
customer cooperation and consolidation;
consumer take rate shifts;
customer purchase orders;
potential OEM production-related disruptions;

Supply Chain Risks

supply base;
supplier claims;
supply chain disruptions;
regional energy supply and pricing;

Manufacturing/Operational Risks

product launch;
operational underperformance;
restructuring costs and impairment charges, including those related to the ‘reshoring’ of production to the U.S.;
skilled labour attraction/retention;
leadership expertise and succession;

Pricing Risks

quote/pricing assumptions;
customer pricing pressure/contractual arrangements;
commodity cost volatility;
scrap steel/aluminum price volatility;

Warranty/Recall Risks

repair/replace costs;
warranty provisions;
product liability;

Climate Change Risks

transition risks and physical risks;
strategic and other risks;

IT Security/Cybersecurity Risks

IT/cybersecurity breach;
product cybersecurity;

Acquisition Risks

inherent merger and acquisition risks;
acquisition integration and synergies;

Other Business Risks

joint ventures;
intellectual property;
risks of doing business in foreign markets;
relative foreign exchange rates;
pension risks;
tax risks, including our dispute with the Mexican tax authority regarding VAT;
returns on capital investments;
financial flexibility;
credit ratings changes;
stock price fluctuation;

Legal, Regulatory and Other Risks

legal and regulatory proceedings;
changes in laws; and
environmental compliance.

In evaluating forward-looking statements or forward-looking information, we caution readers not to place undue reliance on any forward-looking statement. Additionally, readers should specifically consider the various factors which could cause actual events or results to differ materially from those indicated by such forward-looking statements, including the risks, assumptions and uncertainties above which are:

discussed under the "Industry Trends and Risks" heading of our Management’s Discussion and Analysis; and
set out in our Annual Information Form filed with securities commissions in Canada, our annual report on Form 40-F with the United States Securities and Exchange commission, and subsequent filings.

Readers should also consider discussion of our risk mitigation activities with respect to certain risk factors, which can be also found in our Annual Information Form. Additional information about Magna, including our Annual Information Form, is available through the System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca, as well as on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR), www.sec.gov.

将来予想に関する記述