BRP Inc. Chooses PwC to Lead Audit Services Starting Fiscal Year 2027

In a significant move towards enhancing its corporate governance, BRP Inc. (TSX: DOO) (NASDAQ: DOO) has appointed PricewaterhouseCoopers LLP (PwC) as the company’s external auditor for the fiscal year beginning in 2027. This decision follows a comprehensive request for proposal (RFP) process conducted by the company’s Audit Committee.

The Board of Directors (the Board) of BRP Inc. made this announcement on January 29, 2026, indicating a strategic shift aimed at ensuring robust oversight and accountability within the organization. As part of this shift, the Audit Committee recognized the need for fresh perspectives and innovative audit solutions as it evaluated potential audit firms.

Having leveraged Deloitte LLP for its auditing services for an extended period, BRP Inc. initiated the RFP process during the second quarter of the 2026 fiscal year. This decision reflects the company’s commitment to continuous improvement and excellence in governance practices. According to reports, the Audit Committee conducted a detailed evaluation that focused on the strengths of each firm, emphasizing audit team performance, technological advancements, and independence.

PwC was eventually selected due to its reputation for innovative approaches and advanced technological capabilities that align with BRP's modern operational strategies. Following the completion of the audit for the fiscal year ending January 31, 2026, Deloitte will resign as BRP’s external auditor. PwC will then assume the role, ensuring a smooth transition process.

In expressing gratitude for their long-standing partnership, BRP acknowledged the dedication and expertise provided by Deloitte throughout the years. The transition plan highlights a collaborative approach, where Deloitte will work with PwC to facilitate an orderly handover and maintain continuity in audit practices.

BRP Inc. is recognized globally as a leader in the powersports sector, offering a diverse array of products, including renowned brands such as Ski-Doo, Sea-Doo, and Can-Am. The company’s decision to partner with PwC underscores its commitment to operational excellence and transparency, while also fostering an innovative corporate culture capable of adapting to the dynamic marketplace.

Looking ahead, BRP intends to propose the appointment of PwC as its external auditor for the following year during the 2026 Annual Meeting of Shareholders. This forward-thinking approach is a testament to the company's strategic planning and governance framework designed to boost stakeholder confidence and drive growth.

With plans to expand its electric model offerings, BRP remains committed to responsible growth, aligning with global trends towards sustainability in sports and leisure. As BRP heads into the next fiscal year with this new partnership, industry stakeholders and investors will be keenly observing the impact of these changes on the company’s audit processes and overall performance.

In conclusion, this transition to PwC represents a new chapter for BRP Inc. as it continues to navigate the complexities of modern corporate governance while innovating for the future. As a company with over 80 years of history and a commitment to excellence, BRP Inc. is poised to leverage its strategic partnerships to remain a dominant force in the powersports industry.