Positioned for Strong Recovery in FY2023 & Beyond

Free Cash Flow Reconciliation BLUE BIRD Reconciliation of Free Cash Flow to Adjusted Free Cash Flow (in thousands of dollars) Net cash provided by (used in) operating activities Cash paid for fixed assets Free cash flow Cash paid for product redesign initiatives Cash paid for operational transformation initiatives / Other Cash paid for restructuring charges Cash paid for costs directly attributed to COVID-19 Adjusted free cash flow Three Months Ended December 31, 2022 January 1, 2022 S 19,926 $ (33,077) (1,146) (1.570) S 18.780 $ (34.647) 253 800 1 246 29 19,580 (34,118) 30

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