Mr. Anders Johansson reports

WESTPORT AWARDED DEVELOPMENT CONTRACT WITH A GLOBAL HEAVY TRUCK MANUFACTURER TO ADAPT AND COMMERCIALIZE NEXT GEN LNG HPDI(TM) FUEL SYSTEM FOR THE EURO 7 VEHICLE PLATFORM

Westport Fuel Systems Inc. has been awarded a development program by a global heavy truck manufacturer to adapt its Next Generation LNG HPDI fuel system to meet the Euro 7 emissions requirements for heavy-duty vehicle applications. The value of the development program is estimated to be $33-million (U.S.) and will be financed by the original equipment manufacturer (OEM). Work on the program is already under way with a targeted launch of the new LNG and liquified biomethane fuelled product within a few years.

Westport's Next Generation HPDI fuel system has been developed to meet the Euro 7 standards and will introduce the following new features:

• Improved fuel pressure control, thereby improving fuel efficiency;
• Supporting higher-pressure fuel supply systems to maximize engine performance and brake thermal efficiency (BTE);
• Improved reliability and durability;
• Onboard fuel consumption monitoring (OBFCM).

"This new program exemplifies our long-standing relationship with the OEM, emphasizing our shared vision of creating sustainable transport solutions around the world. Our LNG HPDI fuel system enables long-haul trucks to significantly reduce CO2 emissions now while fully meeting a fleet's performance demands for payload, performance and durability, as well as stringent Euro 7 emission regulations," said Anders Johansson, vice-president of heavy-duty OEM for Westport Fuel Systems. "Our collaboration advances our realistic, affordable and immediately available solution for fleets to achieve their decarbonization goals as well as driving the acceleration and scaling of development for global market adoption for a variety of OEMs," he added.

The program marks Westport's next major engagement with the OEM to develop low-carbon solutions for heavy-duty trucking with the development of Westport's Next Generation LNG HPDI fuel system encompassing on- and off-engine components. This new fuel system is an evolution of the existing LNG HPDI truck application from the OEM that is commercially available today and has been on the road for several years.

The Euro 7 standards are aimed at reducing air pollution from road transport, addressing pollutants such as nitrogen oxides (NOx) and particulate matter, by lowering emissions limits from new motor vehicles sold in the European Union, versus the standards currently set out in Euro VI. Final agreement on the new regulation remains outstanding, but for heavy-duty vehicles the European Commission's proposal is to implement the new standards from mid-2027.

About Westport Fuel Systems Inc.

Westport is driving innovation to power a cleaner tomorrow. Westport is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane and hydrogen to the global transportation industry. The company's technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America and South America, Westport serves its customers in more than 70 countries with leading global transportation brands.

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