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/EIN News/ VANCOUVER, British Columbia, March 15, 2021 (GLOBE NEWSWIRE) Westport Fuel Systems Inc. (“ WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the fourth quarter and year ended December 31, 2020 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. FOURTH QUARTER 2020 HIGHLIGHTS Record revenue of $83.9 million, an increase of 13% over same period last year, with OEM revenue up 32% due to continued growth in HPDI™ 2.0 sales volumes combined with strengthening light-duty OEM sales Net income of $4.1 million or $0.03 per share; Adjusted EBITDA was $8.1 million, or a $4.5 million improvement year-over-year Liquidity bolstered by net $27.6 million raised by shares issued under the at-the-market equity offering, of which $13.2 million was raised following the close of the quarter

United statesUnited kingdomBritish columbiaMinda westportDavidm johnsonNational instrumentWestport fuel systems incComputershare investor services incWestport weichai incAnalysis for heavy duty hydrogen fueled powertrainsCummins westport incFuel systemsWeichai powerIndependent aftermarketChief executiveInvestments accounted