NFI provides market and supply chain update with revisions to full year guidance

Shortages of critical microprocessor modules expected to result in lower-than-planned deliveries in the second and third quarters of 2022.Lowering financial guidance for Fiscal 20221 with expected Adjusted EBITDA2 range of $15 million to $45 million primarily due to supply chain challenges. Potential for an up to $200 million temporary increase in work-in-process inventory from bus delivery delays. Current liquidity3 of over $600 million to navigate near-term challenges.Negotiations with banking