11:53:24 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



BRP Inc
Symbol DOO
Shares Issued 36,209,571
Close 2023-06-01 C$ 95.13
Market Cap C$ 3,444,616,489
Recent Sedar Documents

BRP shareholders elect 12 directors at AGM

2023-06-01 21:07 ET - News Release

Mr. Jose Boisjoli reports

BRP ANNOUNCES ELECTION OF DIRECTORS AND BOARD COMMITTEE COMPOSITION

BRP Inc. held earlier today its annual meeting of shareholders in a virtual format. The meeting was broadcasted by live webcast, and the recording will be available shortly on BRP's website.

During the meeting, the company acknowledged the departure from the board of directors of Louis Laporte and thanked him for his many years of contribution to the success of the company. Mr. Laporte has been a member of the board of directors since the inception of BRP in 2003, and he has been a member of the investment and risk committee since the company's initial public offering. He also acted as chairman of the investment and risk committee for six of those 10 years.

At the meeting, all of the nominees for directors listed in the company's management proxy circular dated April 27, 2023, were elected by a majority of the votes cast by shareholders present or represented by proxy. Voting results for each nominee are set out herein.

Changes to the board committees

Nicholas Nomicos has joined the investment and risk committee, replacing Mr. Laporte, while Michael Ross joined the audit committee. As a result of the foregoing changes, the composition of the board committees is set out herein.

About BRP Inc.

BRP is a global leader in the world of power sports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on- and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons, and Rotax marine propulsion systems, as well as Rotax engines for carts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines and exploring new low-voltage and human-assisted product categories. Headquartered in Quebec, Canada, BRP has annual sales of $10-billion from over 130 countries and a global work force of close to 23,000 driven, resourceful people.

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