BRP Inc. Subordinate Voting Shares represent an ownership interest in BRP Inc., a global manufacturer of powersports products, propulsion systems, and boats. The company designs, develops, and markets snowmobiles, all-terrain and side-by-side vehicles, and personal watercraft through brands such as Ski-Doo, Lynx, Can-Am, and Sea-Doo. BRP Inc. also produces Rotax engines for marine applications, karts, and recreational aircraft, and complements its vehicles with a broad portfolio of parts, accessories, and apparel. Its products are distributed through a large network of independent dealers and distributors serving consumers across roughly 130 countries, positioning the company within the global recreational vehicles and marine sectors. The Subordinate Voting Shares carry one vote per share and exist alongside multiple voting shares, reflecting a dual-class share structure commonly used to balance public float with concentrated control. These shares provide investors with economic exposure to BRP Inc.’s performance in the consumer cyclical and recreational vehicles industry.