Linamar 致股东备忘录：关于：美国政府对加拿大和墨西哥征收 25%% 关税

March 4, 2025

Dear Shareholder,

As threatened over the past few months, the US administration has imposed a tariff on all goods coming from Canada and Mexico into the US at a rate of 25%, energy from Canada will be tariffed at 10%.