News Summary

• NFI Group Inc. (NFI or the Company) is a leader in propulsion-agnostic bus and coach solutions.
• NFI provided an update on its deliveries and operations for the third quarter of 2025, including a battery recall filed with the National Highway Traffic Safety Administration and Transport Canada.
• The recall primarily impacts buses in operation and is not expected to have a material impact on NFI’s remaining 2025 bus andCoach deliveries or its current financial guidance.
• The Company expects to include adjustments to Adjusted EBITDA1 and Adjusted Net Earnings1 to normalize for this non-recurring, unusual warranty provision.