Brp, Inc. · TSX:DOO
Brp — Investor Presentation (June 2024)
36 slides from Brp's investor presentation, June 2024
Slide 1: Corporate Presentation June 2024
CORPORATE PRESENTATION JUNE 2024
Slide 2: Table of Contents
• TABLE OF CONTENTS 03 WHO WE ARE Our purpose 15 OUR CSR PROGRAM CSR vision 22 OUR PRODUCT LINES Powersports year-round products Our brand promise CSR25 framework Powersports seasonal products Our values CSR goals and targets Powersports PA&A and OEM engines Our people CSR social pillar Marine Group
Slide 3: Who We Are
WHO WE ARE 3
Slide 4: Our Purpose
• OUR PURPOSE WE EXIST TO CREATE NEW WAYS TO MOVE PEOPLE. We are committed to helping people reimagine how they access their world – enabling experiences that can be measured in emotion rather than distance. 4
Slide 5: Our Brand Promise: Adventure by Design
• OUR BRAND PROMISE ADVENTURE BY DESIGN Our promise is to create experiences that move people; it is about our obsession to detail that transforms the functional into the inspirational; it is the drive to push our own limits and help our riders find new ways to push theirs – and to choose adventure.
Slide 6: Our Values
PASSION TO KEEP MOVING • OUR VALUES Passion informs everything we do and is an integral part of every value we have. If it’s not done with passion, it’s not BRP. IT’S PASSION YOU CAN FEEL. THEY MAKE OUR DRIVE TO DELIVER OUR COMMITMENTS CULTURE UNIQUE, We say what we do. We do what we say. No excuses
Slide 7: Our People
• OUR PEOPLE OUR PEOPLE ARE INFORMED OPTIMISTS WHO SEE THE WORLD AS ONE BIG OPPORTUNITY, WITH NO BOUNDARIES TO THE ROAD OR THEIR AMBITIONS. 7
Slide 8: Meet Our Management Team
• MEET OUR MANAGEMENT TEAM JOSÉ BOISJOLI STÉPHANE BILODEAU PATRICK DUSSAULT MARTIN LANGELIER DENYS LAPOINTE Chair of the Board of Chief Information Executive Vice-President, Global Chief Legal Officer & Chief Design Directors, President and Officer Manufacturing Operations, Corporate Services Office
Slide 9: Company Overview
• COMPANY OVERVIEW (As of January 31, 2024) AN EXTENSIVE GLOBAL TSX DOO DISTRIBUTION NETWORK: NASDAQ DOOO 2,800+ DEALERS WORLDWIDE A STAND-ALONE COMPANY SINCE 2003 130+ COUNTRIES WHERE OUR PRODUCTS ARE AVAILABLE $10.4B ANNUAL SALES 8 ICONIC BRANDS CLOSE TO DRIVEN, RESOURCEFUL EMPLOYEES WORLDWIDE #1
Slide 10: Our Story
*OUR STORY _--7-@ 1970 s Acquisition of the Rotax brand Launch of the Ski-Doo REV platform
Slide 11: Our Story (Continued)
Jiscontinuation of Evinrude E-TEC and E-TEC G2 outboard engines vehicle market
Slide 12: Financial Highlights
• FINANCIAL HIGHLIGHTS Fiscal Year 2024 1 See Non-IFRS measures section on p.72 of the Annual and Corporate Social Responsibility Report. 2 Illustrates the cumulative return on a $100 investment in the Subordinate Voting Shares, with dividend reinvestments, compared to the cumulative return on the S
Slide 13: Our Innovation Culture
DESIGN AND INNOVATION • OUR INNOVATION CULTURE Centre Design & Innovation Laurent Marine Design and Innovation European Design and Innovation Centre, Beaudoin, Valcourt, Canada Studio, Palm Bay, Florida Sophia Antipolis, France CENTRES OF EXCELLENCE WHERE THE MAGIC HAPPENS. Progress doesn’t come fro
Slide 14: Our Innovation Culture: Awards and Patents
• OUR INNOVATION CULTURE (CONTINUED) AWARDS AND PATENTS SINCE 2003 DESIGN AND PATENTS AND 166 INNOVATION AWARDS Giving back to next generation of designers 1,500+ We are working on increasing that APPLICATIONS The BRP International Design Competition is endorsed number by filing patent applications
Slide 15: Our CSR25 Program
OUR CSR25 PROGRAM 15
Slide 16: Our CSR Vision
• OUR CSR VISION We are committed to actively participate in creating a better future for our employees, our communities and our stakeholders. We seek to relentlessly put our hearts, our innovation and our drive to make the world a better place. 16
Slide 17: Our CSR25 Framework
• OUR CSR25 FRAMEWORK ENVIRONMENT SOCIAL GOVERNANCE OPERATIONS PRODUCTS COMMUNITY PEOPLE Emissions in In-Use Emissions Diversity, H&S, Packaging and Battery-Electric Community Responsible Corporate Ethics & Supply Chain and and End-of-Life Volunteering Equity & Security & Talent Landfill Waste Vehic
Slide 18: Our CSR Goals and Targets
• OUR CSR GOALS AND TARGETS ENVIRONMENT SOCIAL GOVERNANCE REDUCE THE CARBON FOOTPRINT IN OUR ENSURE A POSITIVE AND SUSTAINABLE IMPACT IN CONTINUE TO MAKE SOUND PRODUCTS AND OPERATIONS COMMUNITIES AND THE DAILY LIVES OF STRATEGIC DECISIONS, MAINTAIN EMPLOYEES, DEALERS, AND CONSUMERS HIGH ETHICAL STAN
Slide 19: CSR Social Pillar: Three Focus Areas in Community Engagement
• CSR SOCIAL PILLAR OUR THREE FOCUS AREAS IN COMMUNITY ENGAGEMENT RIDE OUT RESPONSIBLE RIDER CORPORATE SOCIAL INTIMIDATION RESPONSIBILITY LEADERSHIP We believe inclusivity starts where Committed to championing responsible BRP supports numerous non-profit organizations who intimidation ends, and our
Slide 20: CSR Social Pillar: DE&I Journey
• CSR SOCIAL PILLAR 2022 – GLOBAL WOMEN ERG BRP’s first-ever ERG, aiming to DE&I JOURNEY empower, support and encourage women at BRP. The diversity and uniqueness of our people fuel our ingenuity and set the course for the path ahead! A STRUCTURED GOVERNANCE RECENT ACHIEVEMENTS • A DE&I Council: a d
Slide 21: CSR Highlights
• CSR HIGHLIGHTS Fiscal Year 2024 GLOBAL ABSOLUTE GREENHOUSE GAS EMISSIONS* REDUCTION 5.8 % *(GHG) Scope 1 and 2. 33 % WOMEN ON THE BOARD OF DIRECTORS OVERALL DIVERSION RATE* *Total amount of hazardous and 78 % non-hazardous waste diverted from landfills. 30 % WOMEN IN FACTORY CDP SCORE: DONATED IN
Slide 22: Our Product Lines
OUR PRODUCT LINES BRP is home to the world’s leading brands – on snow, water, dirt, asphalt, and everywhere in between – creating unforgettable experiences for riders. 22
Slide 23: Powersports Year-Round Products
MARKET INDICATORS POWERSPORTS 5,339.4 MILLIONS CA$ GLOBAL SALES FOR THE YEAR ENDED ON JANUARY 31, 2024 YEAR-ROUND PRODUCTS Our year-round products are for people who embrace challenges and take every road life offers them. 23
Slide 24: Year-Round Products: Can-Am Lineup
Standing out with our all-in spirit – from the open roads to the trails; on two, three or four wheels; working hard and playing hard, this is riding for the many, not for the few. CAN-AM ATV CAN-AM 3 WHEEL CAN-AM 2 WHEEL CAN-AMELECTRIC CAN-AM SSV MOTORCYCLES (2024) CAN-AM ATV CAN-AM SSV CAN-AM 3-WHE
Slide 25: Powersports Seasonal Products
MARKET INDICATORS POWERSPORTS 3,410.7 MILLIONS CA$ GLOBAL SALES FOR THE YEAR ENDED ON JANUARY 31, 2024 SEASONAL PRODUCTS Our snowmobiles and personal watercraft (PWC) were the first of their kind. Today, they remain at the forefront of our strategy, enabling ever more people to embark on exceptional
Slide 26: Ski-Doo and Lynx Snowmobiles
Delivering winter experiences that defy expectations – Bringing our rugged finish soul to sledding across the we are pioneers in the snowmobile industry and push globe – this cult icon is built tough for hardcore riders. the limits of what our riders can do. CAN-AM ATV CAN-AM 3 WHEEL CAN-AM 2 WHEEL
Slide 27: Sea-Doo Personal Watercraft and Switch Pontoons
Diving into the joy of limitless discovery through personal watercraft and pontoon boats – from sunny days to fishing trips and more, we’ve been reinventing fun on the water from day one. CAN-AM ATV CAN-AM 3 WHEEL CAN-AM 2 WHEEL CAN-AM SSV SEA-DOO SWITCH PONTOONS SEA-DOO PERSONAL WATERCRAFTS 27
Slide 28: Powersports PA&A and OEM Engines
MARKET INDICATORS POWERSPORTS 1,184.6 MILLIONS CA$ GLOBAL SALES FOR THE YEAR ENDED ON JANUARY 31, 2024 PA&A AND OEM ENGINES BRP parts, accessories and apparel (PA&A) and Rotax engines for karts and recreational aircraft extend the reach of our brands beyond our core products. 28
Slide 29: Parts, Accessories and Apparel (PA&A)
PARTS, ACCESSORIES AND APPAREL (PA&A) PA&A lift the brands’ strategic efforts to deliver an outstanding riding and boating experience. Thousands of available items keep products running smoothly, make drivers and passengers comfortable and protected, enable everything needed for an adventure to be s
Slide 30: Pinion Gearboxes
PINION GEARBOXES Driven by a passion to shape sustainable mobility, the German-based Pinion team, that joined the BRP family in 2022, creates leading gearboxes that combine the best aspects of automotive and bicycle technology to deliver unparalleled performance and reliability. The Pinion team intr
Slide 31: OEM Engines
OEM ENGINES Beating at the heart of every BRP vehicle, our powertrains are at the cutting edge of new technologies, performance and experiences. Rotax aircraft and kart engines enable a BRP adventure for audiences outside our powersports and marine markets. More than 80% of aircraft manufacturers in
Slide 32: Marine Group
MARKET INDICATORS MARINE 432.3 MILLIONS CA$ GLOBAL SALES FOR THE YEAR ENDED ON GROUP JANUARY 31, 2024 Our Marine Group teams have been laying the groundwork since 2018 to reinvent the boating experience. As a result, in 2022 we launched the fully redesigned Manitou, Alumacraft and Quintrex models, w
Slide 33: Marine Group Boat Brands
Creating unforgettable moments with Sharing our love of fishing across Opening up new possibilities on the water with pontoons that are built for unmatched generations, with boats that are built to boats for family, fishing, fun and adventure – style and unrivaled experiences. last – from once-in–a-
Slide 34: Uncharted Society
• UNCHARTED SOCIETY ADVENTURE UNLOCKED A global network of BRP certified • Launched in the US in 2020 and now operating in operators who offer transformative 13 countries across North America and the EMEA. powersport experiences. Whether for • Network of more than 400 experiences and 200 certified b
Slide 35: Forward-Looking Statements
• FORWARD-LOOKING STATEMENTS Certain statements included in this presentation, including, but not limited to, statements relating to the Company’s purpose, promise, values, statements about the Company’s corporate social responsibility program referred to as “CSR25” and the Company’s objectives, tar
Slide 36: Corporate Headquarters
CORPORATE HEADQUARTERS 726 Saint-Joseph Street Valcourt, Quebec J0E 2L0 Canada To learn more about BRP, click here.