Ms. Emilie Proulx reports

BRP ACKNOWLEDGES ACCC DECISION ON THE SALE OF ITS TELWATER BUSINESS TO YAMAHA MOTOR AUSTRALIA

BRP Inc. has acknowledged the Australian Competition and Consumer Commission's (ACCC) decision to oppose the proposed sale of Telwater Pty. Ltd. to Yamaha Motor Australia Pty. Ltd., a subsidiary of Yamaha Motor Co. Ltd.

BRP is considering the ACCC's decision and will be evaluating all available options to determine the best path forward. In light of the ACCC's decision, BRP remains the owner of Telwater, and will continue to operate this profitable business and offer Australian consumers quality and reliable boats through its iconic brands. Given the size of Telwater's business, BRP confirms this will have no impact on its fiscal year 2026 financial guidance.

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 and off-road vehicles, Quintrex boats and 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. Headquartered in Quebec, Canada, BRP had annual sales of $7.8-billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of Jan. 31, 2025.