Blue Bird Corp — fact timeline

Blue Bird Corp entered into Agreement with Pacific Life Insurance Company and Pacific Life & Annuity Company (effective 2026-05-12).

“On May 12, 2026, Blue Bird Body Company, a wholly-owned subsidiary of Blue Bird Corporation (the “Company”), acting solely in its capacity as plan sponsor of the Blue Bird Body Company Employee Pension Plan (the “Plan”), a frozen defined benefit pension plan that is qualified under Internal Revenue Code, entered into an agreement (the “Agreement”) with Pacific Life Insurance Company and Pacific Life & Annuity Company (collectively, “Pacific Life”) relating to the Plan.”

Blue Bird Corp reported Fiscal Year 2026 results: revenue ~$1.75 Billion. Guidance raised.

“2026 Guidance is being raised to Net Revenue at ~$1.75 Billion and Adj. EBITDA to ~$245 million.”

Blue Bird Corp reported Fiscal 2026 Second Quarter ended March 28, 2026 results: revenue $352.6 million, net income $29.3 million, EPS $0.90.

“margin of $375+ million, or 15%+, on $2.5+ billion in revenue. We are confident in our profitable growth plans.” 1 Fiscal 2026 Second Quarter Results Net Sales Net sales were $352.6 million for the second quarter of fiscal 2026, a decrease of $6.2 million, or 1.7%, compared to $358.9 million for the second quarter of fiscal 2025. The decrease in net sales is”

Steve Girardin was appointed as Class III Director at Blue Bird Corp.

“On March 30, 2026, and in connection with the closing of the acquisition contemplated by the Purchase Agreement and the Board Election Agreement entered on April 1, 2026 (the “ Board Election Agreement ”), the Board of Directors of Parent appointed Steve Girardin as a Class III Director, effective as of the closing, with a term expiring at the annual stockholder meeting in 2029, and under certain circumstances if Steve Girardin leaves the Board prior to such annual meeting, to appoint Dave Girardin as his replacement through the 2029 annual meeting.”

Blue Bird Corp: Certificate of Designation filed creating Special Voting Shares with voting rights for Exchangeable Share holders (effective 2026-04-01).

“On March 30, 2026, and in connection with the acquisition contemplated by the Purchase Agreement, the Board of Directors of Parent approved the filing of a Certificate of Designation of the Special Voting Share (the “ Certificate of Designation ”) with the Secretary of State of the State of Delaware.”

Blue Bird Corp completed an acquisition involving Girardin Group (AG 2014 Trust, SG One 2014 Trust, DG One 2014 Trust, Groupe Autobus Girardin Ltée, Girardin Minibus JV 2 Inc.) for $201,787,193 (closed 2026-04-01).

“of Québec (“ MB Canada Target ” and together with MB US Target, the “ Micro Bird Targets ” and each, a “ Target ”) collectively in exchange for an aggregate purchase price of $201,787,193 (the “ Purchase Price ”). Under the terms of the Purchase Agreement, the Purchase Price was paid as follows: (i) approximately 30% of the Purchase Price paid as cash in the amount”

Blue Bird Corp entered into Share Purchase Agreement with Girardin Group valued at Purchase price $198,237,010: 30% cash at closing, 70% paid through issuance of 2,702,180 exchangeabl (effective 2026-02-15).

“On February 15, 2026, Blue Bird entered into a Share Purchase Agreement (the “ Purchase Agreement ”), with (i) the AG 2014 Trust (“ AG Trust ”), the SG 2014 Trust (“ SG Trust ”), and the DG 2014 Trust (“ DG Trust ” and collectively with AG Trust and SG Trust, the “ Trusts ”), Groupe Autobus Girardin Ltée, a corporation existing under the federal laws of Canada (“ GAG ”), Girardin Minibus JV 2 Inc., a corporation existing under the laws of the Province of Québec (the “ MB US Seller ” and together with the Trusts and GAG, the “ Sellers ” and each, a “ Seller ”), to acquire 100% of the issued and outstanding Equity Securities of Girardin Minibus JV Inc., a corporation existing under the laws of the Province of Québec (“ MB Canada Target ”) and 100% of the issued and outstanding Equity Securities of Girardin Minibus JV 2 USA Inc., a Delaware corporation (“ MB US Target ”)(together with MB Canada Target, the “ Micro Bird Targets ” and each, a “ Target ”) in exchange for an aggregate purchas”

Phil Horlock departed as President and Chief Executive Officer at Blue Bird Corp.

“Mr. Horlock’s employment shall terminate effective February 28, 2025.”

Philip Horlock departed as President and Chief Executive Officer at Blue Bird Corp.

“our current President and CEO, Mr. Philip Horlock, will resign from those positions effective as of the close of business on February 16, 2025.”

John F. Wyskiel was appointed as President and Chief Executive Officer at Blue Bird Corp.

“(c) On January 21, 2025, the Board of Directors of the Company (the “Board”) appointed Mr. John F. Wyskiel as President and CEO of the Company, effective February 17, 2025.”

Edward T. Hightower was elected as Director at Blue Bird Corp.

“On October 23, 2024, the Board of Directors of Blue Bird Corporation (the “Company”) elected Mr. Edward T. Hightower as a Class I director of the Company.”

Philip Horlock was appointed as President and Chief Executive Officer at Blue Bird Corp.

“As a result of the event described above in subsection (b), on September 6, 2024, the Board of Directors of the Company appointed Mr. Philip Horlock, currently our Chief Executive Officer (“CEO”), as President and CEO of the Company effective September 28, 2024.”

Britton Smith resigned as Director at Blue Bird Corp.

“Mr. Smith also resigned from the Board of Directors effective immediately.”

Britton Smith resigned as President at Blue Bird Corp.

“Mr. Britton Smith, currently President of Blue Bird Corporation (the “Company”), voluntarily resigned from his employment with the Company effective September 28, 2024 (the “Effective Date”), for personal reasons.”

Britton Smith was elected as Class I Director at Blue Bird Corp.

“the Board elected Mr. Britton Smith, currently our President, as a Class I director of the Company effective August 7, 2024, to fill the vacancy created by the prior resignation of Mr. Gurminder Bedi.”

Britton Smith was appointed as President and Chief Executive Officer at Blue Bird Corp.

“appointed Mr. Britton Smith, currently our President, to the positions of President and CEO of the Company, effective September 29, 2024.”

Philip Horlock departed as Chief Executive Officer at Blue Bird Corp.

“our current CEO, Mr. Philip Horlock, will resign from the CEO position effective as of close of business on September 28, 2024.”

Gurminder Bedi resigned as Class I director at Blue Bird Corp.

“On June 26, 2024, Gurminder Bedi, a Class I director of Blue Bird Corporation (the “Company”), informed our Chairman of the Board that he was resigning from our Board of Directors, effective immediately.”

Blue Bird Corp reported fiscal 2024 second quarter results: revenue $345.9 million, net income $26.0 million, EPS $0.79. Guidance raised.

“remains very strong with just over 5,900 units in our order backlog. Unit sales in the quarter were down slightly from a year ago, however we grew revenue by 15%, to a record $346 million in a quarter. Adjusted EBITDA was an all-time second quarter record of $46 million, reflecting a 13% margin; that’s an outstanding increase of $25 million over last year. In”

Blue Bird Corp shareholders approved Ratification of Appointment of BDO USA, LLP as the Independent Registered Public Accounting Firm for Fiscal Year 2024 at the 2024-03-13 meeting.

“Proposal Two - Ratification of Appointment of BDO USA, LLP as the Independent Registered Public Accounting Firm for Fiscal Year 2024 . Proposal Two was approved, as follows: Votes For Votes Against Abstentions Broker Non-Votes 27,434,049 283,633 579,229 0”

Blue Bird Corp shareholders approved Election of Directors at the 2024-03-13 meeting.

“Two nominees for election as directors to Class I of the Company’s classified board were elected for three-year terms (until the 2027 annual meeting), with the results of the voting as follows: Nominee Term Expires (at annual meeting of stockholders) Votes For Votes Withheld Abstentions Broker Non-Votes Gurminder S. Bedi 2027 24,594,585 0 453,120 0 Kevin Penn 2027 19,954,514 0 5,093,191 0”

Blue Bird Corp reported first quarter of fiscal 2024 results: revenue $317.7 million, net income $26.2 million, EPS $0.81 per diluted share. Guidance raised.

“Net sales were $317.7 million for the first quarter of fiscal 2024, an increase of $81.9 million, or 34.8%, from the first quarter of last year.”

Blue Bird Corp reported fiscal 2023 fourth quarter and full year results: revenue $303.0 million, net income $18.6 million, EPS $0.58. Guidance raised.

“Net sales were $303.0 million for the fourth quarter of fiscal 2023, an increase of $45.3 million, or 17.6%, from prior year period.”

Blue Bird Corp entered into Joint Venture Agreement with GC Mobility Investments I, LLC, a wholly owned subsidiary of Generate Capital, PBC valued at $10 million (effective 2023-12-07).

“On December 7, 2023, Blue Bird Corporation (the “Company”) announced that the Company, through its wholly owned subsidiary, Blue Bird Body Company, and GC Mobility Investments I, LLC, a wholly owned subsidiary of Generate Capital, PBC (“Generate Capital”), a sustainable investment company focusing on clean energy, transportation, water, waste, agriculture, smart cities and industrial decarbonization, have executed a definitive agreement (the “Joint Venture Agreement”) establishing a joint venture named Clean Bus Solutions, LLC to provide a fleet electrification-as-a-service offering using electric school buses (the “Joint Venture”).”

Blue Bird Corp incurred revolving credit of $150.0 million with Bank of Montreal at Secured Overnight Financing Rate plus an applicable margin of between 1.75% to 3 maturing November 17, 2028.

“(ii) a senior secured revolving credit facility in an aggregate principal amount of $150.0 million”

Blue Bird Corp incurred credit facility of $100.0 million with Bank of Montreal at Secured Overnight Financing Rate plus an applicable margin of between 1.75% to 3 maturing November 17, 2028.

“the Credit Agreement provides for (i) a senior secured term loan A facility in an aggregate principal amount of $100.0 million”

Blue Bird Corp terminated Existing Credit Agreement with Bank of Montreal, as administrative agent (effective 2023-11-17).

“On November 17, 2023, in connection with the incurrence of the Senior Secured Credit Facilities under the Credit Agreement, the Company prepaid, without penalty or premium, in full, all outstanding obligations due pursuant to, and terminates all commitments under, the Existing Credit Agreement (which was scheduled to mature on December 31, 2024), except for obligations under the Existing Credit Agreement that, pursuant to the express terms of the Existing Credit Agreement, survive payment of the obligations (such prepayment in full and termination, the “ Refinancing ”).”

Blue Bird Corp entered into Credit Agreement with Bank of Montreal, as administrative agent valued at $100.0 million ... and ... $150.0 million (effective 2023-11-17).

“On November 17, 2023, Blue Bird Corporation, a Delaware corporation (the “ Company ”), and Blue Bird Body Company, a Georgia corporation and an indirect subsidiary of the Company (the “ Borrower ”), entered into a credit agreement (the “ Credit Agreement ”), by and among the Company, the Borrower, the other subsidiaries of the Company party thereto, the other financial institutions party thereto, Bank of Montreal, as administrative agent, and the other parties specified therein.”

Julie A. Fream was elected as Class II director at Blue Bird Corp.

“On October 19, 2023, the Board elected Ms. Julie A. Fream as a Class II director of the Company, to fill the vacancy created by the resignation of Mr. Gray.”

Adam Gray resigned as Class II director at Blue Bird Corp.

“On October 19, 2023, Mr. Adam Gray, a Class II director of Blue Bird Corporation (the “Company”), tendered his resignation from our Board of Directors, effective October 19, 2023.”

Blue Bird Corp reported fiscal 2023 third quarter results: revenue $294.3 million, net income $9.4 million, EPS $0.29 per diluted share. Guidance raised.

“outlook of profitable growth towards $2 billion in revenues and Adjusted EBITDA margins of 12%, or $250 million.” Fiscal 2023 Third Quarter Results Net Sales Net sales were $294.3 million for the third quarter of fiscal 2023, an increase of $88.2 million, or 42.8%, from prior year period. Bus sales increased $83.7 million, reflecting a 17.0% increase in average”

Mark Blaufuss was elected as Class II Director and Chairman of the Audit Committee at Blue Bird Corp.

“On May 31, 2023, the Board elected Mr. Mark Blaufuss as a Class II director of the Company, to fill the vacancy created by the resignation of Mr. Chan Galbato.”

Alan Schumacher resigned as Director at Blue Bird Corp.

“On May 31, 2023, Mr. Alan Schumacher, a Class I director, notified the Company that he will resign from our Board, effective June 30, 2023.”

Britton Smith was appointed as President at Blue Bird Corp.

“On May 31, 2023, the Board appointed Mr. Smith, currently our Senior Vice President (“SVP”) of Electrification and Chief Strategy Officer, as President of the Company.”

Philip Horlock changed role as President at Blue Bird Corp.

“On May 31, 2023, Mr. Philip Horlock relinquished the officer position of President of Blue Bird Corporation (the “Company”), as the Board of Directors (the “Board”) appointed Mr. Britton Smith as President, as described below in subparagraph (c).”

Simon J. Newman was elected as Class II director at Blue Bird Corp.

“elected Simon J. Newman as a Class II director”

Kathleen M. Shaw resigned as Director at Blue Bird Corp.

“the vacancy created by the resignation of Kathleen M. Shaw.”

Dan Thau was elected as Class III director at Blue Bird Corp.

“On May 19, 2023, the Board of Directors of the Company elected Dan Thau as a Class III director of the Company, to fill the vacancy created by the resignation of Jared Sperling.”

Jared Sperling resigned as Class III director at Blue Bird Corp.

“On May 19, 2023, Jared Sperling, a Class III director of Blue Bird Corporation (the “Company”), tendered his resignation from our Board of Directors, effective immediately.”

Philip Horlock was appointed as President and Chief Executive Officer at Blue Bird Corp.

“On May 14, 2023, the Board of Directors appointed Philip Horlock as President and CEO of the Company.”

Matthew Stevenson resigned as President and Chief Executive Officer at Blue Bird Corp.

“On May 13, 2023, Matthew Stevenson, President and Chief Executive Officer (“CEO”) and a Class II director of Blue Bird Corporation (the “Company”), tendered his resignation from employment and from our Board of Directors (the “Board”).”

Blue Bird Corp reported Fiscal Year 2023 results: revenue just over $1.1 Billion. Guidance raised.

“We are raising full year fiscal 2023 guidance to Net Revenue of just over $1.1 Billion, Adj. EBITDA of $55-65 million and Adj. Free Cash Flow of $30-40 million.”

Blue Bird Corp reported Three Months Ended April 1, 2023 results: revenue $299.8 million, net income $7.1 million, EPS $0.22.

“outlook of profitable growth towards $2 billion in revenues and Adjusted EBITDA margins of 12%, or $250 million.” 1 Fiscal 2023 Second Quarter Results Net Sales Net sales were $299.8 million for the second quarter of fiscal 2023, an increase of $92.2 million, or 44.4%, from prior year period. Bus sales increased $85.0 million, reflecting a 21.6% increase in average”

Simon J. Newman was elected as Class II director at Blue Bird Corp.

“On March 31, 2023, the Board of Directors of the Company elected Mr. Simon J. Newman as a Class II director of the Company, to fill the vacancy created by the recent resignation of Dr. Kathleen Shaw.”

Chan Galbato resigned as Class II director at Blue Bird Corp.

“On April 1, 2023, Mr. Chan Galbato, a Class II director of Blue Bird Corporation (the “Company”), tendered his resignation from our Board of Directors, effective April 3, 2023.”

Blue Bird Corp shareholders approved Ratification of Appointment of BDO USA, LLP as the Independent Registered Public Accounting Firm for Fiscal Year 2023 at the 2023-03-08 meeting.

“Proposal Three - Ratification of Appointment of BDO USA, LLP as the Independent Registered Public Accounting Firm for Fiscal Year 2023. Proposal Three was approved, as follows: Votes For Votes Against Abstentions Broker Non-Votes 28,334,025 4,311 614,978 —”

Blue Bird Corp shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-03-08 meeting.

“Proposal Two – Advisory Vote to Approve Executive Compensation (“Say-On-Pay” Proposal). Proposal Two was approved, as follows: Votes For Votes Against Abstentions Broker Non-Votes 25,172,512 1,810,338 26,064 1,964,400”

Blue Bird Corp shareholders approved Election of Directors at the 2023-03-08 meeting.

“Three nominees for election as directors to Class III of the Company’s classified board were elected for three-year terms (until the 2026 annual meeting), with the results of the voting as follows: Nominee Term Expires (at annual meeting of stockholders) Votes For Votes Withheld Abstentions Broker Non-Votes Douglas Grimm 2026 26,636,356 372,558 - 1,964,400 Philip Horlock 2026 25,893,001 1,115,913 - 1,964,400 Jared Sperling 2026 26,905,458 103,456 - 1,964,400”

Kathleen M. Shaw resigned as Class II director at Blue Bird Corp.

“On March 6, 2023, Kathleen M. Shaw, Ph.D., a Class II director of Blue Bird Corporation (the “Company”), informed our Chairman of the Board that she would resign from our Board of Directors, effective April 2, 2023.”

Blue Bird Corp reported fiscal 2023 first quarter results: revenue $235.7 million, net income Net Loss of $11.3 million, EPS Diluted Loss per Share of $0.35. Guidance raised.

“outlook of profitable growth towards $2 billion in revenues and Adjusted EBITDA margins of 12%, or $250 million.” Fiscal 2023 First Quarter Results Net Sales Net sales were $235.7 million for the first quarter of fiscal 2023, an increase of $106.5 million, or 82.4%, from prior year period. Bus sales increased $100.8 million, reflecting a 11.4% increase in average”