What are the products in the reaction of sulphuric acid and Group 2 metals?
We should not extend the idea of electrode potentials for very high concentrations such as concentrated sulfuric acid which is on the order of 18 M. The interesting property of these acids (HNO3 or H2SO4) is that they behave as oxidizing agents or even as dehydrating agents (H2SO4) especially at high temperature and at high concentrations. This is not to be predicted by tabulated electrode potentials. These tabulated values are reliable for dilute solutions (~ 1 M or less).

So the short answer is that in dilute H2SO4, and Mg, we would see a classical reaction of Mg forming magnesium sulfate and hydrogen. Under concentrated conditions and heat, Mg, may be able to able to reduce it to SO2, just like copper.