Mr. Denis Le Vot reports

BRP ANNOUNCES PLANNED FINANCIAL LEADERSHIP TRANSITION

Sebastien Martel will retire from his position as BRP Inc. chief financial officer (CFO) and Minh Thanh Tran will be appointed CFO, effective Oct. 1, 2026. At that time, Mr. Martel will assume the role of executive adviser to the CEO, helping ensure a seamless financial leadership transition until his retirement in April, 2027. Mr. Tran succeeds Mr. Martel as part of a long-planned succession strategy.

"On behalf of BRP and our board of directors, I would like to sincerely thank Sebastien for his unwavering commitment and outstanding contributions over his 20-plus years at BRP. His leadership, strategic vision and financial discipline truly contributed to making BRP the company it is today," said Denis Le Vot, president and chief executive officer of BRP.

Throughout his 12-year tenure as CFO, alongside his seasoned finance team, Mr. Martel helped build a strong and resilient company with a proven record of solid profitable growth delivering robust shareholder returns while maintaining strong financial discipline. Mr. Martel also played a pivotal role in some of the company's key historic milestones, including leading its successful initial public offering on the Toronto Stock Exchange in 2013, named IPO of the Year, and its subsequent listing on Nasdaq in 2018.

BRP is pleased to name Mr. Tran as BRP's new CFO. In his new role, Mr. Tran will continue building on the company's solid foundation and lead its financial strategy, supporting the execution of its business priorities and long-term growth ambitions.

"With his proven leadership, strong financial acumen and experience, and deep understanding of the powersports industry, Minh Thanh is the right person to succeed Sebastien, lead BRP's financial organization and help shape our next chapter of growth," added Denis Le Vot. "Our thorough CFO transition to such a high-quality internal successor reflects the strength of our executive team and our commitment to further position the business for lasting success."

Since joining BRP in 2017, Mr. Tran has built a remarkable leadership record across corporate strategy, mergers and acquisitions, transformation, and product strategy. He has spearheaded several key initiatives that have driven BRP's success, including leading the implementation of a new North American ERP system, developing BRP's M28 strategic plan and paving the way for the company's manufacturing footprint in Asia. Mr. Tran also played a key role in the development of BRP's innovative product pipeline, helping position the company for future growth. Prior to BRP, he built deep expertise in investment and corporate banking with Lazard and BMO Capital Markets, where he was involved in BRP's initial public offering in 2013.

About BRP Inc.

BRP is a global leader in the world of powersports products and powertrains, built on over 80 years of ingenuity, innovation 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, as well as Rotax engines for karts, recreational aircraft and jet boats, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The company completes its product lines with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Headquartered in Quebec, Canada, BRP had annual sales of $8.4-billion from over 110 countries and employed close to 17,000 driven, resourceful people as of Jan. 31, 2026.

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