NFI releases its Environmental, Social and Governance Report for 2022 - Seite 2

Better Workplace: NFI takes pride in being an employer of choice, with a focus on maintaining a respectful, inclusive, and vibrant workplace culture. Safety remained a top priority throughout 2022, and the Company also provided a number of employee wellbeing initiatives throughout the year, some of which are detailed in the Report. Currently, 53% of NFI’s global workforce are covered by collective bargaining agreements. As of the end of 2022, 100% of NFI’s employees at the Company’s main transit bus, coach and fabrication manufacturing facilities in Canada and the United States were at or above the living wage standard in their region. Throughout the year, NFI’s talent acquisition team, working in collaboration with the Company’s workforce development team, established priorities based on the foundation of its Community Benefits Framework, a holistic and national approach to workforce and community well-being. Additionally, NFI has invested $8.6 million dollars for employee training, and expanded its electrical technician training program to provide high-demand electrical skills for the new EV mobility era.

As of May 2023, NFI’s Board of Directors is 80% independent, with 63% of those independent Directors self-identifying as female - above the Company’s target for 50% female representation on the Board.

Better World: NFI is focused on being a responsible corporate citizen and creating positive change for all its stakeholders and their communities. In 2022, NFI maintained its ISO 14001 registration for its North American transit and motor coach manufacturing facilities; reported its Scope 1 and 2 greenhouse gas emissions; submitted its second response to the CDP Climate Change Questionnaire; and responded to the S&P Global Corporate Sustainability Assessment for the first time. The Company expanded on its participation in the TRC92 Indigenous Youth Employment Lab; launched its DEI Strategic Framework outlining goals and priorities through to 2024; and continued to identify opportunities to improve energy efficiency and the Company’s operational impact on climate change.

NFI continued to build on its partnership with United Way agencies, supporting 18 communities across North America, and raising more than $380,000 in 2022. Collectively, NFI has donated more than $3.5 million to the United Way from its workplace campaigns since 2009. For its team efforts this year, NFI was presented with the Campaign Committee award for going above the “call of duty” to rally the team during NFI’s 2022 workplace campaign.