Press Releases

Greater Cleveland Regional Transit Authority adds 9 new MCI D4500 Commuter Coaches — First in fleet with free Wi-Fi, USB charging outlets available at every seat

DES PLAINES, ILLINOIS, MARCH 10, 2020: (TSX:NFI) Motor Coach Industries (MCI), a U.S. subsidiary of NFI Group Inc., (“NFI”), one of the world’s largest independent global bus manufacturers, recently completed delivery of nine MCI D4500 Commuter Coaches to Ohio’s largest transit agency, Greater Cleveland Regional Transportation Authority (RTA).

RTA has added the nine D4500 Commuter Coaches to its Park-N-Ride fleet, operating on RTA’s three direct routes to downtown Cleveland. RTA said the new MCIs are replacing older vehicles which significantly surpassed their 12-year useful life, and that it plans to add three more new D4500 coaches later in the year.

The MCI D4500 is North America’s best-selling commuter coach, renowned for comfort, safety and reliability, making it the No. 1 choice on long-distance commuter routes. Passengers enjoy forward-facing seating, overhead parcel racks and individual reading lights and air-flow controls at every seat.

Americans with Disabilities Act (ADA) compliant and Buy America certified, RTA’s newest Commuter Coaches come equipped with wheelchair lifts, bike racks and feature the newest technology and safety systems including RTA’s first free Wi-Fi connectivity, USB ports at every seat, three-point passenger seatbelts, backup cameras and onboard surveillance cameras.

This delivery also showcases several technical improvements MCI has made to the model including an electrically driven cooling system and the next-generation, lighter-weight Cummins X12 engine, which combine to deliver improved fuel economy, lower emissions, and other improvements on the model’s already low total cost of operation. In total, RTA operates 38 MCI commuter coaches.

“We’re proud to have our D4500 serve this leading transportation system in North America,” said Tom Wagner, MCI Vice President of Public Sector. “Our relationship with RTA began in 2001 and we’re dedicated to optimizing the ridership experience for RTA while providing the best technical and parts support.”

RTA is the largest transit system in Ohio and the only one that operates rail. RTA serves nearly 150,000 customers every weekday, providing some 32 million rides every year. The system operates 1.6 million annual scheduled departures, with customers traveling more than 220 million passenger miles aboard its buses, trains, BRT and paratransit vehicles. RTA is recognized as a transportation industry leader and has earned dozens of safety and customer service awards for its commitment to excellence, its contributions to the region’s economic development, for engineering and technical innovation and for its workforce diversity.

About NFI

With 9,000 team members operating from more than 50 facilities across ten countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer® (heavy-duty transit buses), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), MCI® (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI buses and motor coaches incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell). In total, NFI now supports over 105,000 buses and coaches currently in service around the world. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information are available at www.nfigroup.comwww.newflyer.comwww.mcicoach.comwww.arbocsv.comwww.alexander-dennis.com, and nfi.parts.

About MCI

Motor Coach Industries (MCI) is North America’s public and private market motor coach leader, building the J4500 (the industry best-seller for 14 consecutive years), the all-new 35-foot J3500 model, and the workhorse D-Series including the breakthrough ADA-accessible MCI D45 CRT LE Commuter Coach offering lower dwell times. MCI will add battery-electric propulsion in 2020. With nearly 30,000 MCI coaches on the road, MCI also provides maintenance, repair, 24-hour roadside assistance, parts supply through NFI Parts, and technician training through the industry’s only Automotive Service Excellence (ASE) accredited MCI Academy.

Forward Looking Statement

This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI Group that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and economic conditions of and funding availability for customers to purchase coaches and to purchase parts or services, customers may not exercise options to purchase additional coaches, the ability of customers to suspend or terminate contracts for convenience and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com. Due to the potential impact of these factors, the NFI Group disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.

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