Positioned for Strong Recovery in FY2023 & Beyond

Proven Leadership in Clean Technologies ■Diesel Gas Propane CNG Electric Alt-Power mix 11,649 11,317 11,017 10,616 10,378 48% 48% 9,064 17% 17% 26% 38% 34% 50% 8,878 58% 6,679 6,822 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 BLUE BIRD POWERED BY PROPANE POWERED BY CNG POWERED BY ELECTRICITY POWERED BY GASOLINE ■ Proven track record of leadership in new technologies; more than 50% of unit sales are non- diesel ■ Leader in electric and propane- powered school buses; the future of school transportation $5B of Federal funding secured in the infrastructure bill for electric school buses will accelerate adoption Launched its Blue Bird Energy Services business to provide turnkey charging infrastructure solutions for electric school bus fleets Trusted lower-emission school bus brand with a proven track record in the school bus business 12

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