Press Releases

San Francisco Expands its Zero-Emission Footprint with an Order for 185 Trolley-Electric Buses

St. Cloud, Minnesota, USA – July 26, 2017: (TSX: NFI) New Flyer of America Inc., (“New Flyer”) the U.S. subsidiary of New Flyer Industries Inc. (the “Company”), the largest transit bus and motor coach manufacturer and parts distributor in North America, today announced that the San Francisco Municipal Transportation Agency (SFMTA) has awarded an option order for 185 Xcelsior® trolley-electric, forty-foot, heavy-duty buses. These options are exercised off of King County Metro’s 2013 trolley-electric bus contract, which is the largest zero-emission bus (ZEB) procurement in North America to date.

The SFMTA decision to expand its ZEB fleet is focused on delivering improved passenger experience and environmental impact, and fulfilling one of SFMTA’s strategic core values of “Clean, Green, and Quiet Mobility”. The move to add 185 ZEBs follows two prior option orders awarded by SFMTA over the past year for 93 (or 186 equivalent units) Xcelsior sixty-foot articulated trolley-electric ZEBs.

“We are proud to continue our longstanding relationship with the City of San Francisco,” stated Wayne Joseph, President of New Flyer of America. “Since 1977, New Flyer and the SFMTA have collaborated to promote the use of electric energy to power transit buses, and we look forward to delivering greater community and environmental impact with the expanded presence of ZEBs, powered by clean propulsion.”

The Company has over 40 years of experience in manufacturing ZEBs and has 14 fabrication, manufacturing, distribution, and service centers across the U.S.

About The Company

The Company is the largest transit bus and motor coach manufacturer and parts distributor in North America with fabrication, manufacturing, distribution and service centers across America. It employs over 5,400 team members.

The Company is North America’s heavy-duty transit bus leader and offers the broadest transit bus product line under the brand Xcelsior®, incorporating the broadest range of drive systems available, including: clean diesel, natural gas, diesel-electric hybrid, trolley-electric, and battery-electric. New Flyer actively supports over 44,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 6,400 are powered by electric and battery propulsion.

The Company is also North America’s motor coach market leader offering the Motor Coach J-Series, the industry’s best-selling intercity coach for 11 consecutive years, and the D-Series, the industry’s best-selling motor coach line in North American history. MCI is also the exclusive distributor of Daimler’s SETRA S417 and S407 in the United States and Canada. MCI actively supports over 28,000 coaches currently in service.

The Company operates North America’s most comprehensive aftermarket parts organization providing support for all types of transit buses and motor coaches. All buses and coaches are supported by an industry-leading comprehensive warranty, service, and support network.

Further information is available on the Company’s websites at www.www.newflyer.com and www.mcicoach.com. The common shares of the Company are traded on the Toronto Stock Exchange under the symbol NFI.

For further information, please contact:

Jon Koffman

Investor Relations

Ph: 204-224-6672