NFI Group Inc. that Paul Soubry, its President, will be taking an immediate temporary medical leave of absence after being diagnosed with an aortic aneurysm that requires treatment. NFI's Board of Directors (the “Board”) has appointed Brian Dewsnup, President of NFI Parts, to be acting President of NFI Group during Paul's absence. Paul will remain a member of the Board during his leave.

John Marinucci, FCPA, FCA, ICD.D, H.R.C.C.C, previous President and Chief Executive Officer of NFI, has served as a member of the NFI Board of Directors since 2005. With the one-year extension to Mr. Marinucci's 15-year Board term limit expiring in May 2022, Mr. Marinucci has announced that he will be retiring from the Board following the Company's 2022 Annual General Meeting of Shareholders, to be held May 5, 2022.