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NFI Announces Election of Directors

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NFI Group Inc. (NFYEF), a leader in propulsion-agnostic bus and coach mobility solutions, has announced the successful election of ten directors to its Board at the annual and special meeting of shareholders held on May 9, 2025. The election saw strong shareholder support, with all nominees receiving over 90% approval. Katherine Winter received the highest approval rate at 99.13%, while Adam Gray received the lowest but still substantial support at 91.38%.

NFI Group Inc. (NFYEF), leader nelle soluzioni di mobilità per autobus e pullman indipendenti dal tipo di propulsione, ha annunciato l'elezione con successo di dieci amministratori al suo Consiglio di Amministrazione durante l'assemblea annuale e straordinaria degli azionisti tenutasi il 9 maggio 2025. L'elezione ha registrato un forte sostegno da parte degli azionisti, con tutti i candidati che hanno ottenuto oltre il 90% di approvazione. Katherine Winter ha ricevuto il tasso di approvazione più alto, pari al 99,13%, mentre Adam Gray ha ottenuto il supporto più basso ma comunque significativo, con il 91,38%.

NFI Group Inc. (NFYEF), líder en soluciones de movilidad para autobuses y autocares independientes del tipo de propulsión, ha anunciado la exitosa elección de diez directores para su Junta en la reunión anual y extraordinaria de accionistas celebrada el 9 de mayo de 2025. La elección contó con un fuerte apoyo de los accionistas, con todos los nominados recibiendo más del 90% de aprobación. Katherine Winter obtuvo la tasa de aprobación más alta con un 99,13%, mientras que Adam Gray recibió el apoyo más bajo pero aún significativo con un 91,38%.

NFI Group Inc. (NFYEF)는 추진 방식에 구애받지 않는 버스 및 코치 모빌리티 솔루션 분야의 선두주자로서, 2025년 5월 9일에 개최된 연례 및 특별 주주총회에서 10명의 이사를 성공적으로 선출했다고 발표했습니다. 이번 선거는 주주들의 강력한 지지를 받았으며, 모든 후보자가 90% 이상의 찬성표를 받았습니다. Katherine Winter가 99.13%로 가장 높은 찬성률을 기록했으며, Adam Gray는 가장 낮았지만 여전히 상당한 91.38%의 지지를 받았습니다.

NFI Group Inc. (NFYEF), un leader dans les solutions de mobilité pour autobus et autocars indépendantes du type de propulsion, a annoncé l'élection réussie de dix administrateurs à son conseil d'administration lors de l'assemblée annuelle et extraordinaire des actionnaires tenue le 9 mai 2025. L'élection a bénéficié d'un fort soutien des actionnaires, tous les candidats ayant obtenu plus de 90 % d'approbation. Katherine Winter a obtenu le taux d'approbation le plus élevé avec 99,13 %, tandis que Adam Gray a reçu le soutien le plus faible mais néanmoins substantiel avec 91,38 %.

NFI Group Inc. (NFYEF), ein führendes Unternehmen für antriebsunabhängige Bus- und Reisebusmobilitätslösungen, hat die erfolgreiche Wahl von zehn Direktoren in seinen Vorstand auf der jährlichen und außerordentlichen Hauptversammlung der Aktionäre am 9. Mai 2025 bekannt gegeben. Die Wahl erhielt starke Unterstützung der Aktionäre, wobei alle Nominierten über 90 % Zustimmung erhielten. Katherine Winter erzielte mit 99,13 % die höchste Zustimmungsrate, während Adam Gray mit 91,38 % die niedrigste, aber dennoch beträchtliche Unterstützung erhielt.

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WINNIPEG, Manitoba, May 12, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, is pleased to announce that the ten nominees listed in the management information circular dated March 21, 2025, were elected as directors of the Board at the Company’s annual and special meeting of shareholders (the Shareholder Meeting) held on Friday May 9, 2025. The detailed results of the vote for the election of directors held at the Shareholder Meeting are set out below.

Name of NomineeVotes For% ForVotes Withheld% Withheld
Aziz Aghili87,281,41499.07%820,8230.93%
Larry Edwards86,510,76698.19%1,591,4711.81%
Adam Gray80,511,71391.38%7,590,5248.62%
Paulo Cezar da Silva Nunes87,196,29498.97%905,9431.03%
Anne Marie O’Donovan87,134,11598.90%968,1221.10%
Colin Robertson87,144,25698.91%957,9811.09%
Maryse Saint-Laurent87,247,60799.03%854,6300.97%
Paul Soubry87,158,52598.93%943,7121.07%
Jannet Walker-Ford87,320,30799.11%781,9300.89%
Katherine Winter87,332,02699.13%770,2110.87%


Final voting results on all matters voted on at the Shareholder Meeting will be available at www.nfigroup.com and will be filed with the Canadian securities regulators and available on SEDAR at www.sedarplus.ca.

About NFI

Leveraging 450 years of combined experience, NFI offers a wide range of propulsion-agnostic bus and coach platforms, including market leading electric models. Through its low- and zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

With nearly 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motorcoaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 100,000 buses and coaches around the world. NFI’s common shares trade on the Toronto Stock Exchange (TSX) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, nfi.parts, www.alexander-dennis.com, arbocsv.com, and carfaircomposites.com.

For investor and media inquiries, please contact: 
Stephen King 
P: 204.792.1300 
Stephen.King@nfigroup.com 


FAQ

Who are the newly elected directors of NFI Group (NFYEF) in May 2025?

The ten elected directors are Aziz Aghili, Larry Edwards, Adam Gray, Paulo Cezar da Silva Nunes, Anne Marie O'Donovan, Colin Robertson, Maryse Saint-Laurent, Paul Soubry, Jannet Walker-Ford, and Katherine Winter.

What was the highest approval percentage for an NFI Group director in the May 2025 election?

Katherine Winter received the highest approval rate with 99.13% of votes in favor.

Which NFI Group board nominee received the lowest percentage of votes in the May 2025 election?

Adam Gray received the lowest percentage of votes with 91.38% approval, though still maintaining strong shareholder support.

When did NFI Group (NFYEF) hold its 2025 annual and special meeting of shareholders?

NFI Group held its annual and special meeting of shareholders on Friday, May 9, 2025.
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