Guelph, Ontario, Canada (TSX: LNR)

Excellent new business wins ('NBW') take launch book to more than $5.0 billion;

71% of year to date ('YTD') NBW with electrified vehicles;

Sales up 27.5% and Net Earnings per Share - Diluted - Normalized up 19.4%;

Sales up 22.9% for Industrial due to the sales from acquisition of the Salford Group of Companies ('Salford'), strong agricultural saleson stronger markets and global market share growth and increased access equipment sales;

Sales up 29.2% for Mobility on stronger markets, cost recoveries and launching programs;

Record levels of content per vehicle1 achieved in North America and Europe driven by a positive customer platform mix and launches;

An additional 1.8 million shares repurchased in the quarter for a total of 3.5 million YTD; and

Liquidity 1, measured as cash and cash equivalents and available credit as at September 30, 2022, was $1.3 billion.

See full release at: https://www.linamar.com/wp-content/uploads/2022/11/Q3-2022-Press-Release.pdf

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