Westport Fuel Systems Inc. Announces Management Cease Trade Order Due to Cybersecurity Incident

Westport Fuel Systems Inc. ("Westport") announced that the British Columbia Securities Commission has issued a temporary management cease trade order (MCTO) restricting the CEO and CFO from trading the company's securities. This is a result of a cybersecurity incident identified on March 20, 2026, which has delayed the filing of the company's annual financial statements and related documents. Westport is working with cybersecurity experts and auditors to complete a thorough review and ensure the integrity of its financial reporting. The company plans to file the required disclosure as promptly as possible and will provide bi-weekly updates. Westport's core operations remain unaffected, and the company continues to focus on its strategic priorities. The MCTO does not restrict trading by other shareholders or investors.