28Mar 2025

Linamar Memo to Shareholders: RE: March 26 US President Executive Order of 25% Tariffs on all Automotive Vehicle Imports

March 27, 2025

Dear Shareholder,

As we have done over the past 2 months, Linamar is continuing our efforts to keep you informed of the situation of US-Canada trade and how it is impacting our business. Last evening, the US President held a press conference and signed an executive order formalizing his intent to impose 25% Tariffs on all Automotive Vehicle Imports into the United States. As the news continues to evolve, we wish to share the following statement with our shareholders at this time;