| 726 St-Joseph | ||||
| Valcourt (Québec) J0E 2L0 | ||||
| Canada | ||||
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| www.brp.com | ||||
NOTICE OF CHANGE OF AUDITOR
| TO: |
Alberta Securities Commission | |
| British Columbia Securities Commission | ||
| The Manitoba Securities Commission | ||
| Financial and Consumer Services Commission (New Brunswick) | ||
| Securities Commission of Newfoundland | ||
| Superintendent of Securities, Northwest Territories | ||
| Nova Scotia Securities Commission | ||
| Superintendent of Securities, Nunavut | ||
| Ontario Securities Commission | ||
| Superintendent of Securities, Prince Edward Island | ||
| Autorité des marchés financiers | ||
| Saskatchewan Securities Commission | ||
| Superintendent of Securities, Yukon Territory | ||
| AND TO: |
Deloitte LLP | |
| AND TO: |
PricewaterhouseCoopers LLP | |
The audit committee (the “Audit Committee”) of the board of directors (the “Board”) of BRP Inc. (the “Corporation”) has completed a comprehensive request for proposal process for external audit services for the fiscal year ending January 31, 2027. Following this process, the Board, on the recommendation of the Audit Committee, has selected PricewaterhouseCoopers LLP (“PwC”) as the Corporation’s auditor for the year ended January 31, 2027. Deloitte LLP (“Deloitte”), the Corporation’s current auditor, will continue in its role as external auditor through the financial year ending January 31, 2026.
In accordance with National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”), the Corporation reports that:
| 1. | Considering that Deloitte’s engagement ends with the issuance of the audit report for the year ending January 31, 2026, Deloitte will, at the request of the Company, resign effective on the first business day following the filing of the Corporation’s audited consolidated financial statements for the year ending January 31, 2026 and Deloitte’s auditor’s report thereon. PwC will be appointed as the Corporation’s external auditor effective on the same date to fill the vacancy and hold office until the Corporation’s 2026 annual shareholder meeting. |
| 2. | Deloitte’s reports prepared in connection with the audits of the consolidated financial statements of the Corporation for the two most recently completed financial years preceding the date of this notice, have not expressed any modified opinion; and |
