Common use of Founding Principles Clause in Contracts

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole.

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-decision- making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole.

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: •  A safe and healthful workplace; •  An environmentally sustainable industry; •  Fair treatment for all employees; •  Competitive wages and benefits; •  Fair job security and seniority rights; •  Open and transparent sharing of information and communication •  Participatory democracy; •  Opportunity for access to training and skills development; •  Employing a top-quality skilled trades workforce; •  Recognition of the value of collective bargaining and union representation; •  Recognition of the need for ongoing improvements in quality and productivity; •  Recognition of the need for continuing profitability of the company; •  Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole.

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-decision- making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole. The following provisions establish the mechanism for determining representation status, as well as describing the processes and structures necessary to support this new labour relationship.

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; 11/147/173 • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole.. 11/147/173 11/147/173

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna ▇▇▇▇▇ will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole. The following provisions establish the mechanism for determining representation status, as well as describing the processes and structures necessary to support this new labour relationship.

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-decision- making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole. NATIONAL COLLECTIVE BARGAINING AGREEMENT PART A‌‌ DEFINITIONS‌ “Able to perform the work” shall be defined as past successful performance of the job or the ability to satisfactorily perform the job within a reasonable period, not to exceed 10 working days.

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: •  A safe and healthful workplace; •  An environmentally sustainable industry; •  Fair treatment for all employees; •  Competitive wages and benefits; •  Fair job security and seniority rights; •  Open and transparent sharing of information and communication •  Participatory democracy; •  Opportunity for access to training and skills development; •  Employing a top-quality skilled trades workforce; •  Recognition of the value of collective bargaining and union representation; •  Recognition of the need for ongoing improvements in quality and productivity; • 11/147/173  Recognition of the need for continuing profitability of the company; •  Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole.. 11/147/173 11/147/173

Founding Principles. Dramatic changes in the global auto industry have created new technological, economic, and financial challenges for Canadian-based automotive producers. These challenges can be met most effectively, thus strengthening the Canadian industry, through a cooperative and productive working relationship between the employer and the union. By combining the best features of union representation with Magna’s existing Fair Enterprise culture, the FFA aims to strengthen mechanisms of employee voice, employee security, consultation and input, with the goal of building a stronger, fairer automotive industry. Magna and the CAW are fully committed to building a working relationship based on the values reflected in the Magna Employees’ Charter, the Magna Corporate Constitution, and the CAW Constitution, including: • A safe and healthful workplace; • An environmentally sustainable industry; • Fair treatment for all employees; • Competitive wages and benefits; • Fair job security and seniority rights; • Open and transparent sharing of information and communication • Participatory democracy; • Opportunity for access to training and skills development; • Employing a top-quality skilled trades workforce; • Recognition of the value of collective bargaining and union representation; • Recognition of the need for ongoing improvements in quality and productivity; • Recognition of the need for continuing profitability of the company; • Commitment to balancing the interests of customers, shareholders, employees, and broader society. Consistent with these principles, the CAW and Magna ▇▇▇▇▇ will work together to provide a fulfilling work environment where employees are able to participate, through an Open Door Process, in the decision-making that affects their lives. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their facility and the Company as a whole.