BRP Inc. renews normal course issuer bid

BRP Inc. (DOOO) has approved the renewal of its normal course issuer bid to purchase for cancellation up to 3,131,256 subordinate voting shares over the twelve-month period commencing on December 10, 2025 and ending no later than December 9, 2026, representing approximately 10% of the public float of 31,312,560 subordinate voting shares as at December 2, 2025. As at December 2, 2025, 36,378,125 subordinate voting shares were issued and outstanding. The NCIB will be conducted through the facilities of the TSX or alternative Canadian trading systems, if eligible. BRP will be allowed to purchase daily, through the facilities of the TSX, a maximum of 44,267 subordinate voting shares representing 25% of the average daily trading volume. In addition, BRP may make, once per week, a block purchase of subordinate voting shares not directly or indirectly owned by insiders of BRP. The subordinate voting shares purchased pursuant to the NCIB will be cancelled. Under the NCIB that expires on December 9, 2025, BRP did not purchase any subordinate voting shares through the facilities of the TSX and alternative eligible trading systems as of December 2, 2025. Between December 10, 2024 and December 9, 2025, BRP was allowed to purchase a total of 3,331,852 subordinate voting shares, representing approximately 10% of the public float of 33,318,520 subordinate voting shares as at December 4, 2024.