Magna International : Joint News Release - Magna and BASF Canada Support Road Hockey To Conquer Cancer

Companies donate $20,000 to cancer care and research

AURORA and MISSISSAUGA, CANADA, October 4, 2016 -- Magna International Inc. and BASF Canada rallied to make a joint donation of $20,000 to Road Hockey to Conquer Cancer for the Princess Margaret Cancer Foundation.

The October 1 fundraising event took place at Woodbine Racetrack in Toronto, and featured a friendly road hockey tournament and celebrity appearances. Geraldine Heaney, Canadian Hockey Hall of Famer and Olympic Gold Medalist, joined the Magna/BASF team as an honorary player. The team, made up of players from both companies, was among the top 40 donors to the cause.

'We know it takes teamwork and collaboration to meet the biggest challenges, whether it's developing new innovations for the auto industry or supporting research to beat cancer,' said Marc Neeb, Chief Human Resources Officer, Magna International. 'We're very proud to join with our colleagues from BASF Canada in support of this worthy cause.'

'BASF and Magna share a common commitment to supporting the communities where we live and work through charitable giving and volunteerism,' said Marcelo Lu, President of BASF Canada. 'Cancer is a disease that affects us all in some way, and we support the Princess Margaret Cancer Foundation's vision to conquer the disease in our lifetime.'

The joint donation will help support breakthrough cancer research, patient care and education programs.

About Magna
We are a leading global automotive supplier with 309 manufacturing operations and 99 product development, engineering and sales centres in 29 countries. We have over 152,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure and roof systems. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.

About BASF
BASF Canada, headquartered in Mississauga, Ontario, has 670 employees at 11 production facilities and offices located across Canada. BASF Canada is a subsidiary of BASF SE, Ludwigshafen, Germany and an affiliate of BASF Corporation, Florham Park, New Jersey. BASF has nearly 17,500 employees in North America, and had sales of $17.4 billion in 2015. For more information about BASF's North American operations, visit www.basf.us. To find out more about BASF's activities in Canada, visit www.basf.ca or follow us on twitter www.twitter.com/basfcanada.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at www.basf.com.