UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of May, 2024

Commission File Number: 001-38648

BRP INC.

(Translation of registrant’s name into English)

726 Saint-Joseph Street

Valcourt, Quebec, Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☐ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):


EXHIBIT INDEX

Exhibits 99.1 and 99.2 to this report of a Foreign Private Issuer on Form 6-K are deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended.

 

Exhibit
No.
  

Description

99.1
   Report on Voting Results of Annual Meeting of the Shareholders of BRP Inc., dated May 31, 2024
99.2
   Press release of BRP Inc., dated May 31, 2024


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BRP Inc.

 

    By:  

/s/ Martin Langelier

 
    Name:   Martin Langelier  
    Title:   Chief Legal Officer and  
      Corporate Services  

Date: May 31, 2024

Exhibit 99.1

 

LOGO

 

May 31, 2024

VIA SEDAR

 

To:

British Columbia Securities Commission

Alberta Securities Commission

Financial and Consumer Affairs Authority of Saskatchewan

The Manitoba Securities Commission

Ontario Securities Commission

Autorité des marchés financiers

Financial and Consumer Services Commission of New Brunswick

Nova Scotia Securities Commission

The Office of the Superintendent Securities, Prince Edward Island

Office of the Superintendent of Securities, Newfoundland & Labrador

Office of the Yukon Superintendent of Securities

Northwest Territories Securities Office

Nunavut Securities Office

 

Re:

BRP Inc.

Report on Voting Results pursuant to Section 11.3 of National Instrument

51-102 - Continuous Disclosure Obligations (“NI 51-102”)

 

 

Following the annual meeting of the shareholders of BRP Inc. (the ”Company”) held on May 31, 2024 (the ”Meeting”), we hereby advise you, in accordance with Section 11.3 of NI 51-102, of the following voting results obtained at the Meeting.

 

1.

Election of Directors

A ballot was conducted with respect to the election of directors. According to proxies received and ballots cast, all nominees proposed by management of the Company were elected as directors of the Company, with the following results:

 

Nominee    Votes
For
   %    Votes
Against
   %

Élaine Beaudoin

   258,943,482    99.39%    1,581,398    0.61%

Pierre Beaudoin

   247,697,652    95.08%    12,827,228    4.92%

Joshua Bekenstein

   245,952,505    94.41%    14,572,374    5.59%

José Boisjoli

   259,404,893    99.57%    1,119,987    0.43%

Charles Bombardier

   258,943,808    99.39%    1,581,072    0.61%

Ernesto M. Hernández

   260,446,165    99.97%    78,715    0.03%

Katherine Kountze

   260,448,492    99.97%    76,388    0.03%

Estelle Métayer

   258,968,275    99.40%    1,556,604    0.60%


Nominee    Votes
For
   %    Votes
Against
   %

Nicholas Nomicos

   260,387,864    99.95%    137,016    0.05%

Edward Philip

   256,883,195    98.60%    3,641,684    1.40%

Michael Ross

   260,447,624    99.97%    77,256    0.03%

Barbara Samardzich

   260,391,230    99.95%    133,650    0.05%

 

2.

Appointment of Deloitte LLP as Auditor

A ballot was conducted with respect to the appointment of Deloitte LLP as the Company’s auditor. According to proxies received and ballots cast, Deloitte LLP was appointed as the Company’s auditor with the following results:

 

Votes
For
   %    Votes
Withheld
   %

260,356,661

   99.83%    453,595    0.17%

 

  3.

Adoption of the advisory non-binding resolution on the Company’s approach to executive compensation

A ballot was conducted with respect to the adoption of an advisory non-binding resolution in respect of the Company’s approach to executive compensation, as more particularly described in the Management Proxy Circular dated April 25, 2024. According to proxies received and ballots cast, the advisory non-binding resolution was adopted with the following results:

 

Votes
For
   %    Votes
Against
   %

258,455,149

   99.21%    2,069,730    0.79%


DATED this 31st day of May, 2024.

 

BRP INC.

(s) Martin Langelier

Martin Langelier

Chief Legal Officer

Exhibit 99.2

 

LOGO   

PRESS RELEASE

For immediate distribution

BRP ANNOUNCES ELECTION OF DIRECTORS AND BOARD

COMMITTEE COMPOSITION

Valcourt, Quebec, May 31, 2024 – BRP Inc. (TSX: DOO; NASDAQ: DOOO) (the “Company”) held earlier today its annual meeting of shareholders in a virtual format. The meeting was broadcast via live webcast and the recording will be available shortly on BRP’s website at www.brp.com.

At the meeting, all of the nominees for directors listed in the Company’s management proxy circular dated April 25, 2024, were elected by a majority of the votes cast by shareholders present or represented by proxy. Voting results for each nominee were as follows:

 

Nominee

  

Votes

       

Votes

        
  

For

  

%

  

Against

  

%

   

Élaine Beaudoin

   258,943,482    99.39%    1,581,398    0.61%  

Pierre Beaudoin

   247,697,652    95.08%    12,827,228    4.92%  

Joshua Bekenstein

   245,952,505    94.41%    14,572,374    5.59%  

José Boisjoli

   259,404,893    99.57%    1,119,987    0.43%  

Charles Bombardier

   258,943,808    99.39%    1,581,072    0.61%  

Ernesto M. Hernández

   260,446,165    99.97%    78,715    0.03%  

Katherine Kountze

   260,448,492    99.97%    76,388    0.03%  

Estelle Métayer

   258,968,275    99.40%    1,556,604   

0.60%

 

Nicholas Nomicos

   260,387,864    99.95%    137,016   

0.05%

 

Edward Philip

   256,883,195    98.60%    3,641,684   

1.40%

 

Michael Ross

   260,447,624    99.97%    77,256   

0.03%

 

Barbara Samardzich

   260,391,230    99.95%    133,650    0.05%  

 

LOGO


Page 2

Changes to the Board Committees

As of May 1, 2024, Mr. Michael Ross has replaced Mr. Nicholas Nomicos as Chair of the Audit Committee. As a result of the foregoing change, the composition of the Board committees is now as follows:

 

Directors    Audit
Committee
     Human
Resources and
Compensation
Committee
     Investment
and Risk
Committee
     Nominating,
Governance
and Social
Responsibility
Committee
 

Élaine Beaudoin

                                   

Pierre Beaudoin

          Member             Member  

Joshua Bekenstein

              Member                 Member  

José Boisjoli (Chair)

             Member       

Charles Bombardier

                       Member           

Katherine Kountze

     Member               

Ernesto M. Hernández

     Member                 Member           

Estelle Métayer

     Member                Member  

Nicholas Nomicos

     Member                 Member           

Edward Philip

          Chair             Chair  

Michael Ross

     Chair                             

Barbara Samardzich (Lead independent director)

              Member        Chair           

To learn more about BRP’s Board members, click here.

About BRP

BRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines and exploring new low voltage and human assisted product categories. Headquartered in Quebec, Canada, BRP has annual sales of CA$10.4 billion from over 130 countries and a global workforce of close to 20,000 driven, resourceful people.

www.brp.com

@BRPNews

Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.

 

For media enquiries:      For investor relations:   
Mélanie Montplaisir      Philippe Deschênes   
Media Relations      Investor Relations   
media@brp.com      Tel.: 450.532.6462   
     philippe.deschenes@brp.com   

 

LOGO


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