Ms. Emilie Proulx reports

BRP AND ITS PRINCIPAL SHAREHOLDER ANNOUNCE CLOSING OF PREVIOUSLY ANNOUNCED SECONDARY OFFERING

The previously announced bought deal secondary offering pursuant to which Bain Capital Integral Investors II LP sold 1.85 million subordinate voting shares of BRP Inc. at a purchase price of $100 per subordinate voting share for total gross proceeds of $185-million to the selling shareholder has closed.

The subordinate voting shares were offered by way of a prospectus supplement dated Dec. 18, 2025, to the company's short form base shelf prospectus dated March 26, 2025, filed with the securities regulatory authorities in each of the provinces and territories of Canada, as well as with the U.S. Securities and Exchange Commission as part of an effective registration statement on Form F-10 under the U.S./Canada multijurisdictional disclosure system.

All net proceeds have been paid directly to the selling shareholder. The company did not receive any proceeds from the offering.

The subordinate voting shares were offered by RBC Capital Markets, which was not granted an overallotment option in connection with the offering.

BRP's subordinate voting shares are listed on the Toronto Stock Exchange and Nasdaq Global Select Market under the symbol DOO.

Following closing of the offering and not taking into account certain charitable gifting contributions expected to be completed in connection therewith, Bain and its affiliates held 8,603,493 multiple voting shares of BRP, representing approximately 11.72 per cent of the issued and outstanding shares of the company and approximately 20.73 per cent of the voting power attached to all of the shares.

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