Tesma is committed to an operating philosophy which is based on fairness and concern for people. This philosophy is part of Tesma's Fair Enterprise culture in which employees and management share in the responsibility to ensure the success of the Company. It includes these principles:

Job Security
Being competitive by making a better product for a better price is the best way to enhance job security. Tesma is committed to working together with its employees to help protect their job security. To assist employees, Tesma will provide:

	Job Counseling
	Training
	Employee Assistance Programmes

A Safe and Healthful Workplace
Tesma strives to provide employees with a working environment which is safe and healthful.

Fair Treatment
Tesma offers equal employment opportunities based on an individual's qualifications and performance, free from discrimination or favouritism.

Competitive Wages and Benefits
Tesma will provide employees with information which will enable them to compare their total compensation, including wages and total benefits, with those earned by employees of competitors, as well as with other plants in the community. If the total compensation is found not to be competitive, then wages will be adjusted.

Employee Equity and Profit Participation
Tesma believes that every employee should share in the financial success of the Company and provides a method for doing so through the Employee Equity Participation and Profit Sharing Program.

Communication and Information
Through regular monthly meetings between management and employees and through publications, Tesma will provide employees with information so that they will know what is going on in the Company and within the industry.

The Hotline
Should an employee have a problem, or feel the above principles are not being met, Tesma encourages such employees to contact the Hotline to register their complaints. Employees do not have to give their name, but if they do, it will be held in strict confidence. Hotline investigators will answer the call. The Hotline is committed to investigate and resolve all employee concerns or complaints and must report the outcome to Magna's Global Human Resources Department.

Employee Relations Advisory Board
The Employee Relations Advisory board is a group of people who have proven recognition and credibility relating to humanitarian and social issues. This Board will monitor, advise and ensure that Tesma operates within the spirit of this Employee's Charter and the principles of Tesma's Corporate Constitution.