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Magna Advances Vehicle Safety Innovation with Integrated Interior Sensing Systems

1. Magna's interior sensing systems are in high demand from global OEMs. 2. Strong growth forecast for interior sensors, possibly tripling by 2032. 3. Child Presence Detection technology addresses critical safety issues for vulnerable passengers. 4. Innovative systems monitor driver attentiveness and passenger conditions real-time. 5. Magna is positioned as a leader in advanced mobility technology.

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FAQ

Why Bullish?

The rising demand for interior sensing technologies coincides with regulatory trends for enhanced vehicle safety, similar to past surges in automotive tech adoption influencing stock prices positively. Furthermore, achieving contracts with multiple OEMs indicates robust revenue growth potential, supporting a bullish outlook.

How important is it?

The article highlights Magna's strategic advancements in vehicle safety technology, which are essential for its positioning in the evolving automotive sector, directly impacting investor sentiment and potential stock valuation.

Why Long Term?

The forecasted threefold growth of sensor adoption through 2032 suggests a sustained uptick in demand and revenue for Magna over the long term, reflecting a strategy alignment with market needs.

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Magna’s integrated interior sensing systems are experiencing growing demand from multiple OEMs worldwideInterior sensing systems are essential for comprehensive and responsive vehicle safety while maintaining a positive driving experienceAdvanced features in Child Presence Detection technology enhance occupant safety, preventing heatstroke in vulnerable passengers AURORA, Ontario, July 29, 2025 (GLOBE NEWSWIRE) -- Magna is redefining vehicle safety with its comprehensive interior sensing systems, designed to protect occupants and enhance the driving experience. Over the last 18 months, Magna’s interior sensing systems have either been awarded or begun production on five OEM programs across North America, Europe and Asia, underscoring the vital role of this technology for future drivers. Driven by legislation and safety ratings supporting ADAS, S&P Global forecasts a 3.5 times growth in interior sensor adoption from 2024 to 2032. A key interior sensing solution is Magna's Child Presence Detection (CPD) technology. Magna's CPD technology addresses a critical safety issue: preventing incidents of children being left behind in vehicles. While nearly 40 children die in hot cars every year in the United States, according to Kids and Car Safety, this highlights a critical safety issue that technologies like CPD aims to address globally. Magna’s commitment to safeguarding the most vulnerable passengers is part of Magna's broader strategy to set new benchmarks in vehicle safety. “Our growth in Child Presence Detection technology directly correlates to a critical industry need—enhancing the safety of all vehicle occupants, especially children,” said Bill Snider, President of Magna Electronics. “Our interior sensing systems are essential for creating safer, more responsive vehicles by monitoring and analyzing occupant behavior and conditions in real-time. These systems help prevent accidents and improve overall vehicle performance to meet the evolving demands of modern mobility. We are committed to advancing these technologies to further elevate safety standards globally.” In addition to CPD, Magna's interior sensing systems integrate cameras and radars to deliver a comprehensive safety solution. These technologies work together to monitor and analyze conditions inside the vehicle, including: Driver attentivenessSeat occupancySeatbelt usageVital signsEnvironmental factors  By integrating interior cameras and radar systems, Magna provides smarter and more reliable monitoring inside the vehicle. Cameras track the driver's eye movements and facial expressions to detect signs of drowsiness or distraction. Meanwhile, radar senses the presence, position and even subtle movements of everyone onboard. Together, these technologies help keep drivers focused and ensure all passengers, including children and pets, are detected and protected. Magna's innovative approach to interior sensing systems positions the company as a leader in advanced mobility technology, offering scalable solutions that meet and exceed regulatory requirements. For more information on Magna's interior sensing systems and how they are shaping the future of vehicle safety, visit www.magna.com/products/electrical-electronics/adas-automated-driving/interior-sensing. INVESTOR CONTACT Louis Tonelli, Vice President, Investor Relations louis.tonelli@magna.com │ 905.726.7035 MEDIA CONTACT Tracy Fuerst, Vice President, Corporate Communications & PRtracy.fuerst@magna.com │ 248.761.7004 ABOUT MAGNA INTERNATIONALMagna 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 approximately 167,000 employees across 342 manufacturing operations and 103 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. THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/761ad1b4-3cad-444c-8eb8-64fceb578ea2 Child Presence Detection Magna's Child Presence Detection technology advances occupant safety, gaining momentum with industry...

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