Refer to the Consolidated Statements of Financial Position and related note disclosures to answer the following questions:

Prepare a table or schedule showing individual property, plant and equipment assets, and goodwill and intangible assets. The table should include the cost of each asset category at the end of the year and related depreciation/amortization rates (this information is in the notes do not calculate). If amortization or depreciation is not provided explain briefly why. For each item, indicate whether or not the net book value increased or decreased from the prior year to the current year.

The accompanying notes are an integral part of the consolidated financial statements NFI GROUP INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As at January 2, 2022 (in thousands of U.S. dollars except per share figures) 5. PROPERTY, PLANT AND EQUIPMENT The Company has two reportable segments which are the Company's strategic business units: Manufacturing Operations and Aftermarket Operations. The strategic business units offer different products and services, and are managed separately because they require different technology and marketing strategies. For each of the strategic business units, the Company's President and CEO reviews internal management reports on a monthly basis. The Manufacturing Operations segment derives its revenue from the manufacture, service and support of new transit buses, coaches, medium-duty and cutaway buses. Based on management's judgment and applying the aggregation criteria in IFRS 8.12, the Company's bus/coach manufacturing operations and medium-duty/cutaway manufacturing operations fall under a single reportable segment. Aggregation of these operating segments is based on the segments having similar economic characteristics with similar long-term average returns, products and services, production methods, distribution and regulatory environment. The Manufacturing Operations segment has recorded vendor rebates of $266 (2020: \$278), which have been recognized into earnings during 2021, but for which the full requirements for entitlement to these rebates have not yet been met. The Aftermarket Operations segment derives its revenue from the sale of aftermarket parts for transit buses, coaches and mediumduty/cutaway buses both for the Company's and third party products. There is no inter-segment revenue. Unallocated items in the consolidated earnings before income taxes primarily include unrealized foreign exchange gains or losses, interest and finance costs and corporate overhead costs. The unallocated total assets of the Company primarily include cash, certain goodwill and intangible assets, and derivative financial instruments. Corporate assets that are shared by both operating segments are allocated fully to the Manufacturing Operations segment. Segment information about profits and assets is as follows: 23. SEGMENT INFORMATION (Continued) The Company's revenue by geography is summarized below: The Company's disaggregated manufacturing revenue by major product type is provided below. The Aftermarket operations revenue does not have similarly disaggregated categories. 7. GOODWILL AND INTANGIBLE ASSETS Recorded as: The recoverable amount of the Company's CGUs is determined based on value-in-use calculations. These calculations use estimated cash flow projections based on financial plans approved by the Board covering five-year periods and discount rates based on weighted average cost of capital of like businesses that range between 10\% and 13\% per annum for the Alexander Dennis Limited ("ADL") and North American bus/coach manufacturing CGUs, between 12% and 14\% for the ARBOC CGU, and between 8% and 13% per annum for the NFI parts - aftermarket parts and ADL parts CGU. Cash flows beyond this period are extrapolated using a steady estimated growth rate based on the long-term average annual growth rate of 3% for each industry in which the CGUs operate. Management has determined planned cash flows based on a projected production schedule, past performance and expectations of market development. The discount rates used reflect specific risks relating to the relevant CGUs. The impacts of the COVID:19, and the global supply chain issues have impacted the cash flow projections for all of the CGUs. Sensitivity testing is conducted as part of the annual impairment tests. Management believes that any reasonable change in the key assumptions used to determine the recoverable amounts would not result in an impairment at the North American bus/coach manufacturing CGU, ADL manufacturing CGU or aftermarket parts CGU. Impairment of the remaining CGUs may result if one of the following changes occurs: ARBOCCGU - the cash flow projections are lower by 18.8% annually; - the long-term average annual growth rate is decreased by 3.1%; or - the discount rate is higher by at least 2.0%. ADDL manufacturing C GU - the discount rate is higher by at least 3.2%. ADL parts CGU - the discount rate is higher by at least 3.5% GOODWILL AND INTANGIBLE ASSETS (Continued) During the third quarter of 2020, the Company announced its commitment to a significant restructuring program called "NFI Forward" (see Note 29). The NFI Forward program combined the North American aftermarket parts operations of ADL and NFI parts. As a result of this combination, the Company reallocated $6.2 million of goodwill and $10.5 million of intangible assets from the ADL aftermarket parts operations CGU to the NFI parts - aftermarket parts operations CGU for impairment testing purposes (note 30). Based upon historical operating results, management's forecasts and business plans, the Company's trade names were assigned an indefinite life, except for the 'NABI Parts" tradename (net book value of $1,238 at January 2, 2022) which is amortized over its useful life, which ends in 2025. The accompanying notes are an integral part of the consolidated financial statements NFI GROUP INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As at January 2, 2022 (in thousands of U.S. dollars except per share figures) 5. PROPERTY, PLANT AND EQUIPMENT The Company has two reportable segments which are the Company's strategic business units: Manufacturing Operations and Aftermarket Operations. The strategic business units offer different products and services, and are managed separately because they require different technology and marketing strategies. For each of the strategic business units, the Company's President and CEO reviews internal management reports on a monthly basis. The Manufacturing Operations segment derives its revenue from the manufacture, service and support of new transit buses, coaches, medium-duty and cutaway buses. Based on management's judgment and applying the aggregation criteria in IFRS 8.12, the Company's bus/coach manufacturing operations and medium-duty/cutaway manufacturing operations fall under a single reportable segment. Aggregation of these operating segments is based on the segments having similar economic characteristics with similar long-term average returns, products and services, production methods, distribution and regulatory environment. The Manufacturing Operations segment has recorded vendor rebates of $266 (2020: \$278), which have been recognized into earnings during 2021, but for which the full requirements for entitlement to these rebates have not yet been met. The Aftermarket Operations segment derives its revenue from the sale of aftermarket parts for transit buses, coaches and mediumduty/cutaway buses both for the Company's and third party products. There is no inter-segment revenue. Unallocated items in the consolidated earnings before income taxes primarily include unrealized foreign exchange gains or losses, interest and finance costs and corporate overhead costs. The unallocated total assets of the Company primarily include cash, certain goodwill and intangible assets, and derivative financial instruments. Corporate assets that are shared by both operating segments are allocated fully to the Manufacturing Operations segment. Segment information about profits and assets is as follows: 23. SEGMENT INFORMATION (Continued) The Company's revenue by geography is summarized below: The Company's disaggregated manufacturing revenue by major product type is provided below. The Aftermarket operations revenue does not have similarly disaggregated categories. 7. GOODWILL AND INTANGIBLE ASSETS Recorded as: The recoverable amount of the Company's CGUs is determined based on value-in-use calculations. These calculations use estimated cash flow projections based on financial plans approved by the Board covering five-year periods and discount rates based on weighted average cost of capital of like businesses that range between 10\% and 13\% per annum for the Alexander Dennis Limited ("ADL") and North American bus/coach manufacturing CGUs, between 12% and 14\% for the ARBOC CGU, and between 8% and 13% per annum for the NFI parts - aftermarket parts and ADL parts CGU. Cash flows beyond this period are extrapolated using a steady estimated growth rate based on the long-term average annual growth rate of 3% for each industry in which the CGUs operate. Management has determined planned cash flows based on a projected production schedule, past performance and expectations of market development. The discount rates used reflect specific risks relating to the relevant CGUs. The impacts of the COVID:19, and the global supply chain issues have impacted the cash flow projections for all of the CGUs. Sensitivity testing is conducted as part of the annual impairment tests. Management believes that any reasonable change in the key assumptions used to determine the recoverable amounts would not result in an impairment at the North American bus/coach manufacturing CGU, ADL manufacturing CGU or aftermarket parts CGU. Impairment of the remaining CGUs may result if one of the following changes occurs: ARBOCCGU - the cash flow projections are lower by 18.8% annually; - the long-term average annual growth rate is decreased by 3.1%; or - the discount rate is higher by at least 2.0%. ADDL manufacturing C GU - the discount rate is higher by at least 3.2%. ADL parts CGU - the discount rate is higher by at least 3.5% GOODWILL AND INTANGIBLE ASSETS (Continued) During the third quarter of 2020, the Company announced its commitment to a significant restructuring program called "NFI Forward" (see Note 29). The NFI Forward program combined the North American aftermarket parts operations of ADL and NFI parts. As a result of this combination, the Company reallocated $6.2 million of goodwill and $10.5 million of intangible assets from the ADL aftermarket parts operations CGU to the NFI parts - aftermarket parts operations CGU for impairment testing purposes (note 30). Based upon historical operating results, management's forecasts and business plans, the Company's trade names were assigned an indefinite life, except for the 'NABI Parts" tradename (net book value of $1,238 at January 2, 2022) which is amortized over its useful life, which ends in 2025