Privacy Statement

MAGNA ENTERTAINMENT CORP. PRIVACY STATEMENT

Your privacy is important to us.

In order to provide service to you, our customer, we will from time to time ask you to consent to us collecting certain personal information about you. We use that personal information solely for the legitimate business purpose of evaluating and operating our business and evaluating our relationship with you, including such matters as:

1. to establish and maintain responsible commercial relations with customers and to provide ongoing service;
2. to understand customer needs and preferences;
3. to develop, enhance, market or provide products and services;
4. to manage and develop our business and operations, including personnel and employment matters; and
5. to meet legal and regulatory requirements.

We take measures to safeguard the privacy and confidentiality of your personal information. Magna Entertainment Corp., and its subsidiaries (collectively “MEC”) will not edit or deliberately disclose the contents of your personal information or files to a third party (other than for the provision of the products and services requested by you) unless required to do so by law, in the good faith belief that such action is necessary to comply with the law, to comply with any legal process, or if in MEC’s reasonable judgment there is imminent danger to life or property.