News Releases

August 2, 2016

Westport Fuel Systems to Announce Second Quarter Results on Tuesday, August 9, 2016

VANCOUVER, BC – Westport Fuel Systems Inc. announces it will disclose its financial results for the second quarter ended June 30, 2016 on Tuesday, August 9, 2016 before market open. To coincide with the disclosure, Westport has also scheduled a conference call for Tuesday, August 9, 2016 at 7:00 am Pacific Time (10:00 am Eastern Time).

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August 1, 2016

Westport Fuel Systems Completes Sale of Non-Core Assets for Over $12 Million

Post-merger consolidation quickly underway. Customer programs to proceed on schedule.

Westport Fuel Systems announces initial post-merger actions targeted at consolidating operations and driving efficiencies while maintaining ability to deliver OEM customer programs on schedule. Included in these efforts is the sale of non-core assets that unlock invested capital without disrupting delivery of OEM customer programs.

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July 22, 2016

Westport Fuel Systems Announces New CEO

Nancy Gougarty to lead global alternative fuel company

The Westport Fuel Systems Inc. Board of Directors is delighted to announce the appointment of Nancy S. Gougarty as CEO effective immediately. David R. Demers, Westport's current CEO, is retiring from the company but will be available to the leadership team in an advisory role through a transition period.

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June 29, 2016

Westport Fuel Systems Announces 2016 Annual Shareholder Meeting Results

Westport Fuel Systems held its Annual Meeting yesterday in Vancouver, British Columbia. Shareholders approved all resolutions presented including the election of all nominated directors.

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June 23, 2016

Volvo Car Launches New V90 BiFuel Station Wagon

Leverages same Westport natural gas technology as award-winning sports wagon

Volvo Car will launch the BiFuel version of its new V90 station wagon. This vehicle is based on the same engine technology as the Volvo V60 sports wagon which recently won second place in the Best Environmental Car in Sweden - company car category.

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June 17, 2016

IMPCO Technologies Releases New Light Weight Rail Auxiliary Power Unit

IMPCO Technologies reaffirms the release of its new Heavy-Duty / Light Weight Rail Auxiliary Power Unit.

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June 16, 2016

Westport Updates Nominees For Election to the Board

Westport announced three new nominees for election to the board of directors at the AGM to be held on Tuesday, June 28, 2016. Upon closing of the merger with Fuel Systems Solutions, Mariano Costamagna, Colin S. Johnston and Anthony Harris were added to the combined company's board of directors to fill vacancies created by the resignation of Philip B. Hodge, Gottfried (Guff) Muench and Joseph P. Caron.

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June 1, 2016

Westport Completes Merger with Fuel Systems

Combination creates innovative, global leader in alternative fuel, engine and vehicle sector

Westport completes merger between Westport and Fuel Systems Solutions. Shareholders of both companies approved the merger at separate special meetings of shareholders. As previously announced, Fuel Systems shareholders will receive 2.4755 Westport common shares for each share of Fuel Systems common stock owned. Fuel Systems shares will no longer be listed on the Nasdaq Exchange or any other securities exchange.

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May 26, 2016

Westport Announces Exchange Ratio for Merger Agreement with Fuel Systems

Compelling merger edges closer to completion

The final exchange ratio has been determined for the proposed business combination (the “Merger”) with Fuel Systems. Assuming the Merger closes as anticipated on June 1, 2016, Fuel Systems stockholders will receive 2.4755 Westport common shares for each share of Fuel Systems common stock owned upon completion of the Merger.

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May 20, 2016

Proxy Advisory Firms Have Reaffirmed Recommendation that Fuel Systems Shareholders Vote FOR the Proposed Merger

Merger Agreement already overwhelmingly approved by Westport shareholders

Institutional Shareholder Services, a leading independent proxy advisory firm that provides voting recommendations to institutional investors, has reaffirmed its recommendation that Fuel Systems Solutions shareholders approve the Amended Agreement and Plan of Merger between Westport and Fuel Systems.

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News Releases

December 1

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

In accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. (NYSE:CMI) and Westport Fuel Systems Inc. (TSX:WPRT/NASDAQ:WPRT). The changes are effective as of January 1, 2018.

November 14

Westport Fuel Systems Reports Third Quarter 2017 Financial Results

Order Fulfillment of Westport™ HPDI 2.0 + Strengthened Balance Sheet

November 8

Westport Fuel Systems to Announce Third Quarter Results On Tuesday, November 14, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Tuesday, November 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

October 31

Westport Fuel Systems Awarded NAFTAL Tender

BRC to Supply 40,000 LPG Systems in Algeria

August 29

Westport Fuel Systems to Repay Existing Debentures at Maturity

Early Termination of Debenture Tender Offer and Cancellation of Meeting of Debentureholders

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