New Flyer and AROW Global announce the New Mobility Bursary through NFI’s Vehicle Innovation Center

Bursary will support underrepresented individuals in pursuit of education and skills development, and expand candidate pipeline for the EV sector

Orlando, Florida, USA – November 9, 2021: (TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that subsidiary New Flyer of America Inc. (“New Flyer”) in partnership with supplier AROW Global Corp (“AROW Global”), have created a $10,000 New Mobility Bursary to be awarded through NFI’s Vehicle Innovation Center (“VIC”).

The bursary will be open to candidates from the U.S. and Canada between 17-24 years of age and studying in programs related to science, technology, engineering, and math (“STEM”) disciplines, and aims to directly support underserved, underrepresented, or disadvantaged individuals desiring to enter the new mobility era. Ultimately, the New Mobility Bursary also aims to contribute to the advancement of equity, diversity, and inclusion in public transit.

“NFI recognizes the need for greater investment in and advancement of equity in transit, and as our industry continues to shift rapidly with the adoption of zero-emission mobility, so too must the opportunity for every person to participate meaningfully in the new mobility era,” Janice Harper, Executive Vice President of People and Culture, NFI. “We are incredibly proud to partner with AROW Global in creating and awarding this bursary. As one of four key pillars in NFI’s mobility solutions offering, workforce development is a critical enabler of success in public transit – and helping young people complete training and education to enter the industry is one way to do this.”

The announcement occurred today in NFI’s booth at APTA EXPO in Orlando, Florida, and aligns with the United Nations COP26 climate change conference whose November 9 presidency programme focuses on key themes of progressing gender equality, and demonstrating that science and innovation can deliver climate solutions.

“AROW Global is excited to support this mission with NFI,” said Dan Koschik, President and General Manager, AROW Global. “The New Mobility Bursary is perfectly aligned with our culture, and the opportunity to support the development of an individual interested in the evolution of public transit is a privilege for us.”

Applications open early January, with the winner announced in spring 2022 and selected by a committee including representatives from New Flyer, AROW Global, Latinos in Transit, and the Transportation Diversity Council, among others.

AROW Global is a leading design and manufacturer of window, glazing, and driver protection systems for the mass transit industry in North America, is an equal partner with New Flyer in creating the New Mobility Bursary to advance equity, diversity, and inclusion in the public transportation industry.

NFI is a leader in zero-emission mobility, with electric vehicles operating (or on order) in more than 80 cities in five countries. Today, NFI supports growing North American cities with scalable, clean, and sustainable mobility solutions through a four-pillar approach that includes buses and coaches, technology, infrastructure, and workforce development.

NFI also operates the Vehicle Innovation Center (“VIC”), the first and only innovation lab of its kind dedicated to advancing bus and coach technology and providing workforce development. Since opening late 2017, the VIC has hosted over 300 interactive events, welcoming 4,000 industry professionals for EV and infrastructure training.

About NFI

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

With 8,000 team members in nine countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer^® (heavy-duty transit buses), MCI^® (motor coaches), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), ARBOC^® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 105,000 buses and coaches around the world. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, www.arbocsv.com, www.alexander-dennis.com, and www.nfi.parts.

About New Flyer

New Flyer is North America’s heavy-duty transit bus leader and offers the most advanced product line under the Xcelsior^® and Xcelsior CHARGE^® brands. It also offers infrastructure development through New Flyer Infrastructure Solutions™, a service dedicated to providing safe, sustainable, and reliable charging and mobility solutions. New Flyer actively supports over 35,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 8,600 are powered by electric motors and battery propulsion and 1,900 are zero-emission. Further information is available at www.newflyer.com.

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