FY24 Financial Guidance Update

Record Profit Outlook in FY2024 & Beyond Bookings 3%+ = ~8,750 units 36.8k 36.1k 35.8k Revenue 6%+ = $1.2 Billion Adj. EBITDA 30%+$115 Million Adj. EBITDA Margin 2 ppts+ = ~10% EV Bookings BLUE BIRD 65%+900 units FY17 NA School Bus Industry Class 6-7* 29.6k 26.4k 25.7k FY18 FY20 FY19 *ACT Retail Sales - as of October 2023 39.6k 38.7k 36.6k 32.6k 30.9k ~10% CAGR FY21 FY22 FY23 FY24 FY25 FY26 FY27 EBITDA margins of ~10% NOW and 11%-12% mid term, in a normalized operating environment 22 22

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