BRP Inc. Underwriting Agreement

BRP Inc. has entered into an underwriting agreement with Bain Capital Integral Investors II, L.P. and RBC Dominion Securities Inc. for the sale of 1,850,000 subordinate voting shares. The agreement, dated December 18, 2025, outlines the terms of the sale, including the purchase price of $96.00 per share, totaling $177,600,000. The filing details various definitions related to the offering, compliance with securities laws, due diligence procedures, distribution obligations, and representations and warranties of the company regarding the offering documents. The transaction is subject to standard closing conditions and compliance with Canadian and U.S. securities regulations.