EV Production Scaling and Financial Overview

Reminder of Key Focus Areas in FY2023 Our People BLUE BIRD Take CARE of Employees DELIVER Profitable Growth DELIGHT Customers & Dealers • Lean Transformation • Wage and salary increase • Quality Leadership Teams Paid vacation days added Working environment enhanced • Span of control narrowed NEW • Suggestion/ideas program launched by We Care team • • Collective bargaining with USW Expanding Our TAM • trained and launched 6 Sigma, 5S, Kaizen, Kanban ... Rapid quality-feedback process with dealers NEW • Cut setup to booking time Inventory reduced and shifted from warehouse to plant Scaling EV 17

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