2014

December 12, 2014

Cummins Westport Announces Changes to its Board of Directors and Management Team

Cummins Westport announced changes to its Board of Directors and Management in accordance with the terms of the 50/50 Joint Venture Agreement between Cummins and Westport Innovations. The changes are effective immediately.

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December 2, 2014

Westport Acquires Prins Autogassystemen

Capturing a Complete Portfolio of Alternative Fuel Systems, Expected Accretive Sales and Operations Synergies in 2015 and Beyond

Westport has acquired Netherlands based Prins Autogassystemen Holding B.V. (Prins) for Euro 12.2 million (approximately U.S.$15.1 million) through a combination of Euro 6.6 million (approximately U.S.$8.2 million) in assumed liabilities and Euro 5.6 million (approximately U.S.$6.9 million) in cash.

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October 30, 2014

Westport Reports Third Quarter Fiscal 2014 Financial Results

Reiterates Revenue Guidance for 2014, Net Income Improved 16%, Takes Immediate Action Reducing Staff and Prioritizing Investments, and Executives Accept Reduced Salaries

Westport reports financial results for the third quarter ended September 30, 2014 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

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October 23, 2014

Westport Announces Third Quarter Fiscal 2014 Conference Call for Thursday, October 30, 2014

Westport announced today that it will disclose its financial results for the third quarter ended September 30, 2014 on Thursday, October 30, 2014 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, October 30, 2014 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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October 6, 2014

Cummins Westport Appoints Rob Neitzke as President Effective January 2015

Cummins Westport Inc. (CWI) today announced that Rob Neitzke, currently General Manager of the Construction Segment of Cummins off-highway engine business, has been appointed as President of CWI effective January 1, 2015.

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September 30, 2014

Westport Announces Technology, Investment, Market and Revenue Update

Matching Investment and Revenue Outlook with Pace of Market Adoption, while Second Generation HPDI Technology Draws Support

Westport gives an update to its Westport high pressure direct injection (Westport™ HPDI) second generation or "HPDI 2.0" development program and identified plans to further refine investment programs to align with its original equipment manufacturer (OEM) customers and the global pace of natural gas vehicle adoption and related infrastructure build out. In line with the pace of market adoption, Westport has updated its near term revenue outlook for the year ended December 31, 2014.

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September 23, 2014

Westport Unveils Its Proprietary Enhanced Spark-Ignited Natural Gas System Targeting Medium-Duty Truck Applications

Up to 10% Improvement in Power and Torque over Diesel, Targeted at Medium-Duty Truck Applications

Westport is unveiling its newest proprietary technology, the first generation of enhanced spark-ignited (ESI) natural gas system. Westport’s new revolutionary approach to natural gas combustion technology is designed to provide vehicle and engine original manufacturers (OEMs) with a “downsized” natural gas solution that is cost competitive while providing similar levels of power, torque, and fuel economy to a larger diesel engine. Using 100% dedicated natural gas as fuel, Westport’s new technology optimizes the combustion and thermal efficiencies of the engine by taking advantages of the positive properties of natural gas.

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August 14, 2014

Westport Announces Changes to Board of Directors

Jill Bodkin has been elected Chairman of the Board of Directors. Former Chairman, John Beaulieu, will remain on the board as a director and has been awarded the title "Chairman Emeritus". Joseph Caron, formerly of Westport's Advisory Board, has been appointed to the Board of Directors.

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July 31, 2014

Westport Reports Second Quarter Fiscal 2014 Financial Results

Achieved Positive Adjusted EBITDA of $1.0 Million from Westport Operating Business Units and Reaffirms Fiscal 2014 Revenue Guidance

Achieved Positive Adjusted EBITDA of $1.0 Million from Westport Operating Business Units and Reaffirms Fiscal 2014 Revenue Guidance

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July 24, 2014

Westport Announces Second Quarter Fiscal 2014 Conference Call for Thursday, July 31, 2014

Westport will disclose its financial results for the second quarter ended June 30, 2014 on Thursday, July 31, 2014 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, July 31, 2014 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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News Releases

March 27

Westport Fuel Systems Presents Unaudited Fourth Quarter and Fiscal 2016 Financial Results

Solid finish to 2016 Taking action to address upcoming liquidity needs

March 7

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2016 Results on Monday March 27, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Monday, March 27, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

February 23

Westport Receives Visit from King Carl XVI Gustaf of Sweden and Governor General of Canada

A Recognition of Westport's Innovative Capabilities in Sustainable Transportation Solutions

February 7

Westport and Volvo Car Expand V90 Bi-Fuel into Belgium and Luxembourg

Significant market opportunity with planned expansion in Europe

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