EV Production Scaling and Financial Overview

Legacy backlog units behind us, FY23-H2 back to normal margins 28% 100% 100% 72% Status 07/01/23 Production Quarter 64% 74% 31% 57% 82% 92% 36% 26% 16% 12% 7% 2% HH FY22-Q1 FY22-Q2 FY22-Q3 FY22-Q4 FY23-Q1 FY23-Q2 FY23-Q3 FY23-Q4 Forecast BLUE BIRD FY23 Orders to go FY23 Backlog (20-25% pricing) FY22 Newer Backlog (11-15% pricing) FY21 Old Backlog (0-5% pricing) FY2024 Model Year price increase $2,500/bus Newer backlog and increasingly improved pricing in place for remainder of FY23 19 19

View entire presentation