SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-----------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934*
(Amendment No. 1)
Decoma International Inc.
(Name of Issuer)
Class A Subordinate Voting Shares
(Title of Class of Securities)
24359C100
(CUSIP Number)
J. Brian Colburn
Executive Vice-President, Special Projects and Secretary
Magna International Inc.
337 Magna Drive
Aurora, Ontario L4G 7K1
(905) 726-2462
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with a copy to:
Scott M. Freeman Kenneth G. Alberstadt
Sidley Austin Brown & Wood LLP Law Office of Kenneth G. Alberstadt
787 Seventh Avenue 111 Broadway, 18th Floor
New York, New York 10019 New York, New York 10006
(212) 839-5300 (212) 404-7566
October 22, 2004
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box. | |
Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 12 Pages)
--------
* The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 2 of 12 Pages
------------------- ------------------
------------- ---------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
STRONACH TRUST
------------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
(b) | |
------------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) | |
------------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
------------- ---------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 76,506,851
SHARES ---------------- -----------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER NOT APPLICABLE
OWNED BY ---------------- -----------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 76,506,851
REPORTING ---------------- -----------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER NOT APPLICABLE
----------------------- ---------------- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
76,506,851
------------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
------------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
77.5%
------------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
------------- ---------------------------------------------------------------------------------------------------------
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 3 of 12 Pages
------------------- ------------------
------------- ---------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
FRANK STRONACH
------------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
(b) | |
------------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
O0
------------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) | |
------------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
AUSTRIA
------------- ---------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 77,256,851
SHARES ---------------- -----------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 0
OWNED BY ---------------- -----------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 77,256,851
REPORTING ---------------- -----------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 0
----------------------- ---------------- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
77,256,851
------------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
------------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
77.7%
------------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
------------- ---------------------------------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 4 of 12 Pages
------------------- ------------------
------------- ---------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
445327 ONTARIO LIMITED
------------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
(b) | |
------------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) | |
------------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
------------- ---------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 76,506,851
SHARES ---------------- -----------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER NOT APPLICABLE
OWNED BY ---------------- -----------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 76,506,851
REPORTING ---------------- -----------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER NOT APPLICABLE
----------------------- ---------------- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
76,506,851
------------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
------------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
77.5%
------------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
------------- ---------------------------------------------------------------------------------------------------------
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 5 of 12 Pages
------------------- ------------------
------------- ---------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
1265058 Ontario Inc.
------------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
(b) | |
------------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) | |
------------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
------------- ---------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 25,034,283
SHARES ---------------- -----------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER NOT APPLICABLE
OWNED BY ---------------- -----------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 25,034,283
REPORTING ---------------- -----------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER NOT APPLICABLE
----------------------- ---------------- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,034,283
------------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
------------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.7%
------------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
------------- ---------------------------------------------------------------------------------------------------------
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 6 of 12 Pages
------------------- ------------------
------------- ---------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MAGNA INTERNTIONAL INC.
------------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
(b) | |
------------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
------------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) | |
------------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ONTARIO, CANADA
------------- ---------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 76,506,851
SHARES ---------------- -----------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER NOT APPLICABLE
OWNED BY ---------------- -----------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 76,506,851
REPORTING ---------------- -----------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER NOT APPLICABLE
----------------------- ---------------- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
76,506,851
------------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
------------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
77.5%
------------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
------------- ---------------------------------------------------------------------------------------------------------
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 7 of 12 Pages
------------------- ------------------
Item 1. Security and Issuer.
This Amendment No. 1 to Schedule 13D amends (i) the Statement on
Schedule 13D relating to the Class A Subordinate Voting Shares (the "Class A
Shares") of Decoma International Inc. (the "Issuer") originally filed on
February 14, 2002, by the Stronach Trust ("Stronach Trust"), a trust formed
under the laws of Ontario, Canada, 445327 Ontario Inc. ("445327"), an Ontario,
Canada corporation, Magna International Inc. ("Magna"), an Ontario, Canada
corporation, and 1265058 Ontario Limited ("1265058"), an Ontario, Canada
corporation and (ii) the Statement on Schedule 13D relating to the Class A
Shares originally filed on September 5, 2003 by Frank Stronach. This Amendment
No. 1 is filed by Stronach Trust, 445327, Magna, 1265058 and Frank Stronach.
Item 2. Identity And Background.
Mr. Stronach's principal business address is Badener Strasse 12,
Oberwaltersdorf, Austria 2522. Mr. Stronach is a partner of Stronach & Co
("S&Co"), an entity that provides consulting services to certain subsidiaries
of Magna. In addition, Mr. Stronach is the Chairman of the Board of Magna, the
Chairman of the Board of MI Developments Inc. ("MID") and the Chairman of the
Board of Magna Entertainment Corp. ("MEC").
During the last five years, Mr. Stronach has not been: (i) convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors); or
(ii) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which he was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, Federal or State securities laws or
finding any violation with respect to such laws. Mr. Stronach is a citizen of
Austria.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Original 13D is amended to disclose that the Class A
Subordinate Voting Shares of Magna ("Magna Class A Shares") and cash to be
paid as purchase consideration for the Class A Shares acquired by Magna in the
proposed transaction will be provided by Magna (with respect to such cash,
from internal funds).
Item 4. Purpose of Transaction.
On October 25, 2004, Magna issued a press release (the "Press Release")
disclosing that it intended to acquire all the outstanding Class A Subordinate
Voting Shares of the Issuer that it does not already own. The foregoing
description is qualified in its entirety by reference to the Press Release,
which is attached hereto as Exhibit 99.1, and which is incorporated herein by
reference.
Item 5. Interest in Securities of the Issuer.
Stronach Trust
(a) Amount beneficially owned: 76,506,851 Class A Subordinate Voting
Shares of the Issuer, comprised of:
(i) 29,446,244 Class A Subordinate Voting Shares of the Issuer;
(ii) 31,909,091 Class B Shares of the Issuer, convertible into
31,909,091 Class A Subordinate Voting Shares of the Issuer;
(iii) 1,000,000 Preferred Shares, Series 4 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer; and
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 8 of 12 Pages
------------------- ------------------
(iv) 1,000,000 Preferred Shares, Series 5 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer.
Percent of Class: 77.5% (assuming full conversion of the Class B Shares
and Preferred Shares of the Issuer).
(b) Number of shares as to which the Reporting Person has:
(i) sole power to vote or to direct the vote: 76,506,851
(assuming full conversion of the Class B Shares and Preferred
Shares);
(ii) shared power to vote or to direct the vote: 0;
(iii) sole power to dispose or to direct the disposition of:
76,506,851 (assuming full conversion of the Class B Shares
and Preferred Shares); and
(iv) shared power to dispose or to direct the disposition of: 0.
(c) None.
(d) Not applicable.
(e) Not applicable.
445327
(a) Amount beneficially owned: 76,506,851 Class A Subordinate Voting
Shares of the Issuer, comprised of:
(i) 29,446,244 Class A Subordinate Voting Shares of the Issuer;
(ii) 31,909,091 Class B Shares of the Issuer, convertible into
31,909,091 Class A Subordinate Voting Shares of the Issuer;
(iii) 1,000,000 Preferred Shares, Series 4 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer; and
(iv) 1,000,000 Preferred Shares, Series 5 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer.
Percent of Class: 77.5% (assuming full conversion of the Class B Shares
and Preferred Shares of the Issuer).
(b) Number of shares as to which the Reporting Person has:
(i) sole power to vote or to direct the vote: 76,506,851
(assuming full conversion of the Class B Shares);
(ii) shared power to vote or to direct the vote: 0;
------------------- ------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 9 of 12 Pages
------------------- ------------------
(iii) sole power to dispose or to direct the disposition of:
76,506,851 (assuming full conversion of the Class B Shares);
and
(iv) shared power to dispose or to direct the disposition of: 0.
(c) None.
(d) Not applicable.
(e) Not applicable.
Magna
(a) Amount beneficially owned: 76,506,851 Class A Subordinate Voting
Shares of the Issuer, comprised of:
(i) 29,446,244 Class A Subordinate Voting Shares of the Issuer;
(ii) 31,909,091 Class B Shares of the Issuer, convertible into
31,909,091 Class A Subordinate Voting Shares of the Issuer;
(iii) 1,000,000 Preferred Shares, Series 4 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer; and
(iv) 1,000,000 Preferred Shares, Series 5 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer.
Percent of Class: 77.5% (assuming full conversion of the Class B Shares
and Preferred Shares of the Issuer).
(b) Number of shares as to which the Reporting Person has:
(i) sole power to vote or to direct the vote: 76,506,851
(assuming full conversion of the Class B Shares and Preferred
Shares);
(ii) shared power to vote or to direct the vote: 0;
(iii) sole power to dispose or to direct the disposition of:
76,506,851 (assuming full conversion of the Class B Shares
and Preferred Shares); and
(iv) shared power to dispose or to direct the disposition of: 0.
(c) None.
(d) Not applicable.
(e) Not applicable.
1265058
------------------- -------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 10 of 12 Pages
------------------- -------------------
(a) Amount beneficially owned: 25,034,283 Class A Subordinate Voting
Shares of the Issuer, comprised of the following:
(i) 6,951,966 Class B Subordinate Voting Shares of the Issuer,
convertible into 6,951,966 Class A Subordinate Voting Shares
of the Issuer;
(ii) 6,604,816 Class A Subordinate Voting Shares of the Issuer;
(iii) 515,030 Preferred Shares, Series 4 of the Issuer, convertible
into 3,901,743 Class A Subordinate Voting Shares of the
Issuer; and
(iv) 1,000,000 Preferred Shares, Series 5 of the Issuer,
convertible into 7,575,758 Class A Subordinate Voting Shares
of the Issuer.
Percent of Class: 35.7% (assuming full conversion of the Class B Shares
and Preferred Shares of the Issuer).
(b) Number of shares as to which the Reporting Person has:
(i) sole power to vote or to direct the vote: 25,034,283
(assuming full conversion of the Class B Shares);
(ii) shared power to vote or to direct the vote: 0;
(iii) sole power to dispose or to direct the disposition of:
25,034,283 (assuming full conversion of the Class B Shares
and Preferred Shares); and
(iv) shared power to dispose or to direct the disposition of: 0.
(c) None.
(d) Not applicable.
(e) Not applicable.
Frank Stronach
(a) Frank Stronach is a principal in Stronach & Co. ("S & Co"), a
consulting firm providing services to certain subsidiaries of Magna, and
may be deemed to be the beneficial owner of 750,000 Class A Shares
subject to a currently outstanding and immediately exercisable option
(the "Option") held by S&Co that was issued to S&Co by the Issuer on June
11, 1998 in consideration for consulting services. If the proposed
acquisition is consummated as planned, the Option will cease to be
exercisable for Class A Shares. The filing of this statement shall not be
construed as an admission that Mr. Stronach beneficially owns any Class A
Shares that are or may be deemed to be beneficially owned by S & Co.
Without limitation of the foregoing, Mr. Stronach disclaims beneficial
ownership of such Class A Shares for purposes other than U.S. securities
law purposes.
------------------- -------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 11 of 12 Pages
------------------- -------------------
Mr. Stronach acts as one of four trustees of the Stronach Trust. The
remaining trustees of the Stronach Trust are members of Mr. Stronach's
family. Mr. Stronach is entitled to appoint additional trustees and to
remove trustees. Determinations by the Stronach Trust are made by a
majority of the trustees, which majority must include the reporting
person.
The Stronach Trust owns all of the outstanding shares of 445327, of which
the reporting person is the sole director. The reporting person may be
deemed to be the beneficial owner of Class A Shares beneficially owned by
Magna, 1265058 and 1620364 Ontario Inc., a wholly owned subsidiary of
Magna ("1620364"). The filing of this statement shall not be construed as
an admission that Mr. Stronach beneficially owns any Class A Shares that
are or may be deemed to be beneficially owned by the Stronach Trust,
445327, Magna, 1265058 or 1620364. Without limitation of the foregoing,
Mr. Stronach disclaims beneficial ownership of such Class A Shares for
purposes other than U.S. securities law purposes.
Assuming the beneficial ownership of all Class A Shares as to which
beneficial ownership is disclaimed herein, Mr. Stronach is the beneficial
owner of 77,256,851 Class A Shares, representing 77.7% of the Class A
Shares (determined in accordance with Rule 13d-3).
(b) Number of shares as to which the Reporting Person has:
(i) sole power to vote or to direct the vote: 77,256,851
(assuming full conversion of the Class B Shares);
(ii) shared power to vote or to direct the vote: 0;
(iii) sole power to dispose or to direct the disposition of:
77,256,851 (assuming full conversion of the Class B Shares
and Preferred Shares); and
(iv) shared power to dispose or to direct the disposition of: 0.
(c) During the sixty days preceding the filing of this Amendment, the
reporting person did not acquire any securities of the Company.
(d) Not applicable.
(e) Not applicable.
Item 7. Material to be Filed as Exhibits.
Exhibit 99.1 Press Release dated October 25, 2004
------------------- -------------------
CUSIP No. 24359C100 SCHEDULE 13D Page 12 of 12 Pages
------------------- -------------------
SIGNATURE
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies as to itself that the
information set forth in this statement is true, complete and correct.
Dated: October 27, 2004
THE STRONACH TRUST
By: /s/ Frank Stronach
---------------------------------------
Name: Frank Stronach
Title: Trustee
445327 ONTARIO LIMITED
By: /s/ J. Frank Stronach
-------------------------------------------
Name: Frank Stronach
Title: President
MAGNA INTERNATIONAL INC.
By: /s/ Frank Stronach
-------------------------------------------
Name: Frank Stronach
Title: Chairman
1265058 ONTARIO INC.
By: /s/ J. Brian Colburn
-------------------------------------------
Name: J. Brian Colburn
Title: Executive Vice-President
and Secretary
/s/ Frank Stronach
-------------------------------------------
Frank Stronach