(TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI” or the “Company”), one of the world’s leading independent global bus manufacturers, today announced that it intends to release its first-quarter 2021 financial results on Thursday, May 6, 2021 prior to market open.

A conference call for analysts and interested listeners will be held on May 6, 2021 at 8:00 a.m. Eastern Time (ET). The call-in number for listeners is 800-773-2954 or 847-413-3731, passcode number 50146101. An accompanying results presentation will be available prior to the call at: https://www.nfigroup.com/investor-relations/events-presentations/

A live webcast of the call and presentation will also be available at: https://edge.media-server.com/mmc/p/v9x4xgp6

A replay of the call will be accessible from 11:00 a.m. ET on May 6, 2021 until 11:59 p.m. ET on May 5, 2022 at https://edge.media-server.com/mmc/p/v9x4xgp6. The replay will also be available on NFI's web site at: https://www.nfigroup.com/investor-relations/events-presentations/

NFI's Annual General Meeting of Shareholders will also be held on Thursday, May 6, 2021 at 1:00 p.m. (EST). Due to the restrictions imposed in connection with the COVID-19 pandemic and in consideration of the health and safety of our shareholders, team members and the broader community, the meeting will be held in a virtual meeting format only. Details on how to join the meeting have been posted on NFI's website at: https://www.nfigroup.com/investor-relations/annual-general-meeting/.

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 ten 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.

For investor inquiries, please contact:Stephen King204.224.6382Stephen.King@nfigroup.com