Mr. Jose Boisjoli reports

BRP ANNOUNCES LEADERSHIP CHANGE IN ITS MARINE GROUP

Long-standing BRP Inc. executive Bernard Guy has been appointed to the position of president, marine group, effective today. Mr. Guy also keeps his current leadership responsibilities for global product strategy for both the powersports and marine groups. Karim Donnez, president of the marine group, is leaving BRP to take on new professional challenges.

"I am pleased to appoint Bernard Guy as president of our marine group," said Jose Boisjoli, president and chief executive officer of BRP. "Throughout his career with BRP, Bernard has shared our values of passion and drive to create the ultimate experience for our customers. As a trusted and seasoned executive, Bernard is the ideal candidate to continue working on our strategic plan to transform the marine industry, alongside our talented marine management team. We thank Karim for his contributions to our organization and for leading our marine strategy over the past few years."

Since 2018, BRP has acquired three boat companies to build its marine group, with renowned brands such Alumacraft, Manitou and Quintrex, and implemented a strategy to transform the recreational boating industry and offer customers a superior experience. Last summer, BRP launched fully redesigned boats and pontoons equipped with the groundbreaking Rotax S engine with Stealth technology, which won several awards and praise from the industry.

BRP is aiming to deliver strong marine results in fiscal year 2024, with projected revenue growth of 35 per cent to 40 per cent compared to fiscal year 2023.

About Bernard Guy

Throughout his career spanning over 35 years at BRP, Mr. Guy has held different management positions, leveraging his expertise in engineering, procurement, strategy, product planning, sales and marketing. In 2022, Mr. Guy was named executive vice-president, global product strategy, a position that he will continue to assume in addition to his new responsibilities with the marine group. As a die-hard powersports fan himself, an adrenaline lover who enjoys the great outdoors, he is driven by product innovation and rider experience.

About BRP Inc.

BRP is a global leader in the world of powersports 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-road and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons, Rotax marine propulsion systems, as well as Rotax engines for karts 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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