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Polaris Inc., the global leader in powersports, has completed its separation of Indian Motorcycle into a standalone business and sold a majority stake to Carolwood LP, an independent private equity firm. This move enables Polaris to focus on its core growth businesses while creating value for shareholders. The separation is a significant step forward for both parties, allowing Indian Motorcycle to operate independently and capitalize on new opportunities. Carolwood LP's investment in the company demonstrates confidence in its potential for growth and expansion. As Polaris continues to evolve and adapt to changing market conditions, this transaction marks an important milestone in its history. By sharpening its strategic focus, Polaris is well-positioned to drive future success and deliver value to its customers and stakeholders. The separation also provides Indian Motorcycle with the freedom to pursue new partnerships and collaborations that can help it stay competitive in a rapidly evolving industry. With its rich heritage and commitment to innovation, Indian Motorcycle is poised to make a lasting impact on the powersports market. As Polaris looks to the future, it is clear that this transaction will have a positive impact on both companies involved.

Polaris Inc., the global leader in powersports, has announced that its Board of Directors approved a two percent increase in the regular quarterly cash dividend, raising the payout to $0.68 per share. This increase represents the 31st consecutive year of Polaris increasing its dividend, solidifying its commitment to returning value to shareholders. The first quarter dividend will be payable on March 16, 2026, to shareholders of record at the close of business on March 2, 2026. With this announcement, Polaris continues to demonstrate its financial strength and stability, which has enabled it to maintain a long history of dividend growth. As a result, investors can expect to see a steady stream of cash dividends from Polaris in the future. The company's commitment to returning value to shareholders is a key aspect of its business strategy, and this increase reflects its confidence in its financial performance. By raising the dividend payout, Polaris is signaling its intention to continue investing in its business and driving growth, while also providing returns to its investors. This move is likely to be seen as a positive development by investors, who will benefit from the increased dividend income. Furthermore, the 31st consecutive year of dividend increases demonstrates Polaris' ability to navigate the business cycle and maintain its financial stability over time. As such, this announcement is a testament to the company's strong financial position and its commitment to creating value for its shareholders.

Polaris Off Road, the world leader in powersports and off-road innovation, has introduced the all-new RZR Pro R Ultra Edition. The vehicle features a factory-integrated electronically controlled hydraulic locking sway bar links system, known as DYNAMIX DVS Suspension System, which provides enhanced control and comfort across demanding terrain. Tested and proven in the harshest conditions of wide open UTV desert racing, Polaris' DYNAMIX DVS is the first and only factory-integrated suspension system with electronically controlled hydraulic locking sway links developed in collaboration with Suspension Direct Inc (SDi). The advanced suspension system allows each wheel to move independently for maximum articulation, absorbing harsh terrain with minimal body movement for a noticeably smoother and more comfortable ride. With its technical innovations, the RZR Pro R Ultra Edition showcases exclusive styling and functional upgrades that distinguish it from anything else on the trail. The vehicle's 32-inch BFGoodrich KM3 tires deliver reliable traction across unpredictable terrain, while a new limited-edition Velocity Blue colorway and custom GatorStep interior accents make the RZR Pro R Ultra Edition stand out in wide-open environments.

Polaris Inc. has made its fourth quarter and full year 2025 financial results available to the public through its website. The company, which is a leading manufacturer of powersports vehicles, has reported its earnings in an effort to provide transparency and accountability to its investors. As the global leader in this industry, Polaris has been pioneering product breakthroughs and enriching experiences for customers since its founding in 1954. With a diverse range of products including side-by-side off-road vehicles, snowmobiles, motorcycles, and pontoons, Polaris is committed to enhancing the riding experience with high-quality parts, garments, and accessories. The company's financial results are now available on its website at ir.polaris.com, along with related presentation materials and a replay of the conference call. Analysts and investors can also access the webcast by dialing specific phone numbers or visiting the company's website. This move is seen as an effort to provide clarity and confidence in the company's financial performance, which has been a key focus area for Polaris in recent years. With its strong brand presence across nearly 100 countries, Polaris is well-positioned to continue delivering value to its customers and stakeholders.

Taking design cues from the 1940s, the 2026 Indian Chief Vintage pays homage to America's Golden Age of Motorcycling. Inspired by the iconic 1940s Chief, its flowing valanced fenders and unmistakable silhouette recall the style and craftsmanship of a bygone era. With the Thunderstroke motor delivering power and presence, the new Chief Vintage reflects Indian Motorcycle's Never Finished spirit, defined by fearlessness, purpose, and an unwavering commitment to provide riders with the choice they've always deserved in American motorcycling. The 2026 Chief Vintage fuses classic design with modern performance and innovation that has defined the brand for 125 years. Celebrating its 125th anniversary, Chief Vintage stands as a statement: The legacy of Indian Motorcycle isn't a finish line, it's a launchpad. With thoughtful, American craftsmanship and obsessive attention to detail, the new model is built to honor the past while embracing the future. As Ola Stenegärd, Design Director for Indian Motorcycle, puts it, 'Indian Chiefs from the 1940s remain one of the most recognizable and celebrated motorcycles in American history.' The 2026 Chief Vintage seamlessly blends timeless design with modern performance and technology, making it a legend reborn for the road ahead. By paying tribute to an American classic, Indian Motorcycle has created a motorcycle that not only honors its heritage but also redefines it for a new generation of riders.

After covering nearly 5,000 kilometers across 13 grueling stages, Polaris' RZR Factory Racing program dominated the Side-by-Side class with a third consecutive overall victory at the 48th running of the 2026 Dakar Rally. In their second showing at the event, the all-American duo of Brock Heger and navigator Max Eddy Jr. returned to the Saudi Arabian desert and once again delivered a masterclass in precision and endurance, earning their second consecutive class win behind the wheel of the dominant Polaris RZR Pro R Rally race machine, designed to meet the new FIA rule changes. Widely regarded as the most demanding race in the world, this year's Dakar saw Heger and Eddy lead nearly the entire 13-stage event, ultimately claiming victory by over an hour. In only his second showing at the event, Heger once again delivered a historic performance, securing an unprecedented six stage victories, including the prologue. The RZR Pro R Rally performed flawlessly every single day, delivering unmatched power, durability and precision handling that made all the difference in the grueling Saudi Arabian desert. With their third consecutive overall victory, Polaris solidified its position as a leader in the SSV class, further cementing its reputation for building high-performance vehicles that can withstand the toughest challenges. The team's dominance was not limited to Heger and Eddy, with SLR teammate Xavier de Soultrait rounding out the podium with a third-place overall finish. The Polaris RZR Pro R Rally is an exceptional machine that continues to push the boundaries of what is possible in off-road racing, delivering results that are nothing short of remarkable. As we look ahead to future events, it will be exciting to see how this team and vehicle continue to evolve and perform at the highest level.

Sign up now for a one-hour ride at participating Polaris Adventures locations in top snow destinations and experience the thrill of snowmobiling with Polaris, the global leader in powersports. The company is bringing back its popular Free Snowmobile Rides program for 2026, offering complimentary snowmobile rides at prime destinations with on-trail access. Riders can sign up by visiting polaris.com/snowdemos to request a promo code and book their ride. With over 70 years of experience in redefining winter adventure, Polaris is thrilled to bring this program back in 2026, continuing to set the standard for performance and fun. The company's passion for outdoor adventure is evident in its latest snowmobile models and programs, making it easy for riders to enjoy winter like never before. With a strong network of Outfitters and a robust portfolio of parts, garments, and accessories, Polaris is committed to enhancing the riding experience for customers. By signing up for the Free Snowmobile Rides program, riders can create unforgettable memories on Polaris snowmobiles while exploring stunning snow-covered destinations. The program offers a one-hour ride on the latest Polaris snowmobiles at prime destinations with on-trail access, providing an unparalleled snowmobiling experience. With last year's program reaching capacity within weeks, Polaris is confident that this year's program will be just as popular. To learn more and reserve your spot, visit polaris.com/snowmobiles or adventures.polaris.com.

Indian Motorcycle, America's first motorcycle company, is celebrating its 125th anniversary with a year-long campaign that honors its pioneering spirit and commitment to innovation. Founded by George Hendee and Oscar Hedstrom in 1901, Indian Motorcycle has been driven by progress and innovation since its inception. With a legacy of unwavering reliability, proven performance, and timeless designs, the company continues to push American V-Twin motorcycles forward with purpose and precision. The Never Finished campaign reflects the brand's dedication to honoring its history while embracing the future. As Nate Secor, Director of Marketing for Indian Motorcycle, notes, 'The pursuit of innovation that drove our founders continues to drive us today.' With a rich history spanning over a century, Indian Motorcycle remains committed to innovating and competing, always pushing forward. The company's success can be attributed to its ability to adapt to changing times while staying true to its core values. From its early days as a bicycle racing pioneer to its current status as a leading motorcycle manufacturer, Indian Motorcycle has consistently demonstrated its commitment to excellence. With the Never Finished campaign, the brand is celebrating not only its 125-year history but also its future, reaffirming its position as a leader in the motorcycle industry.

Polaris Inc., a leading global powersports company, has announced its plans to release fourth quarter and full year 2025 financial results on January 27, 2026. The company will host a conference call and webcast at 10:00 AM central time to discuss the results, which will be made available on its website at ir.polaris.com. The earnings materials will also be posted on a news wire for public access. In addition to the financial results, Polaris will provide an update on its latest products and innovations in the powersports industry. The company's CEO, Mike Speetzen, and CFO, Bob Mack, will lead the discussion during the conference call. Polaris has been a pioneer in the development of high-quality off-road vehicles and motorcycles for over 70 years, with a product line that includes RANGER, RZR, and Polaris XPEDITION side-by-side off-road vehicles, Sportsman all-terrain off-road vehicles, military and commercial off-road vehicles, snowmobiles, Indian Motorcycle mid-size and heavyweight motorcycles, Slingshot moto-roadsters, Aixam quadricycles, Goupil electric vehicles, and pontoon and deck boats. The company's commitment to innovation and customer satisfaction has earned it a reputation as the global leader in powersports. With operations in nearly 100 countries worldwide, Polaris continues to expand its reach and offer new products and services that enhance the outdoor experience for customers.

RZR Pro R Factory Racing Claims UTV Overall Winner in Every Major Race Entered in 2025, Historic Clean Sweep of Dakar, King of the Hammers, Mint 400, Vegas to Reno, and the SCORE Series Highlights the Absolute Dominance of Polaris RZR Pro R Factory Machines. The program powered by the RZR Pro R Factory machine delivered a perfect season across rally raid, desert endurance, high-speed point-to-point, and hybrid rock events, achieving a level of consistency and competitive superiority unmatched in the modern era. The team's 2025 race season solidifies Polaris as the undisputed leader in off-road performance heading into Dakar 2026. In 2025, we delivered the most successful year in RZR Racing history. From Dakar to King of the Hammers to Baja, the 2025 season proved exactly what Polaris engineering is capable of. Every mile of every race taught us something that influenced the development and refinement of the RZR Pro R Factory. These key learnings are what make our machine the benchmark for winning performances. As we approach Dakar 2026, we are committed to building on that success and continuing to deliver UTV Overall wins. Polaris' dominance throughout 2025 is the latest chapter in a racing legacy that stretches back more than 50 years. The company's competitive roots were forged during Polaris' Midnight Blue Express snow team of the 1970s, when Polaris' original factory teams helped establish racing as a core pillar to the brand's identity. That DNA continues to shape the modern Polaris RZR Factory Racing program, influencing everything from vehicle development to the way Polaris approaches the world's toughest off-road challenges. The 2025 season began with a landmark victory at the 47th Dakar Rally, where RZR Factory Racing and Sébastien Loeb Racing captured a second-consecutive Overall SSV win. Rookie driver Brock Heger and navigator Max Eddy Jr. delivered a masterclass in precision driving, showcasing the capabilities of the RZR Pro R Factory machine. The team's success can be attributed to the exceptional tuning and setup provided by Polaris' experienced engineers, who worked tirelessly to fine-tune the vehicle for optimal performance. As we look ahead to the 2026 season, it will be exciting to see how the RZR Pro R Factory machines continue to evolve and improve, solidifying their position as the top choice for off-road racing teams.

Polaris Slingshot is introducing its 2026 model year lineup, featuring a new limited-edition Grand Touring model that combines one-of-a-kind style with elevated comfort. The 2026 lineup also includes all-new paint colors, premium finishes, and the reintroduction of the exclusive Grand Touring model. With new colors, premium finishes, and the return of our exclusive Grand Touring model, the 2026 lineup elevates the ride experience to new heights. The Polaris Slingshot delivers connection, excitement, and a thrill for the open road, designed for those who chase life's greatest moments. The 2026 Grand Touring model blends one-of-a-kind style with elevated comfort, featuring a two-tone Viper Black and Green Venom paint scheme. The premium black and green metallic finish incorporates a green iridescent effect, creating a color-shifting look, complemented by exclusive Grand Touring badging throughout. Adding to the Grand Touring's style are factory accessories that not only complete the elevated look, but increase comfort and offer functionality on longer drives. A host of new paint colors have also been added to the lineup, including White Lightning and Sunburst Orange for the SL model, Blue Rush available with SL and SLR, and Mirage Gray for the Slingshot R model. The 2026 lineup will begin shipping to dealers this month, offering riders a premium, elevated style that stands out and demands attention.

Polaris Inc., the global leader in powersports and off-road innovation, is expanding its collaboration with Call of Duty, continuing to bridge the worlds of outdoor adventure and gaming through immersive, authentic experiences that resonate with fans. Following last year's debut of the Polaris RZR Pro R 4 in Call of Duty: Warzone, Polaris is doubling down on its momentum in the gaming space with the introduction of the Polaris Sportsman XP 1000 within the world of Call of Duty. Players can now experience Polaris' authentic performance in-game with two iconic vehicles, including the all-new Black Ops 7-Themed RZR Pro R 4 and Sportsman XP 1000 in-game vehicles. The vehicles are ready for action in Season 01 of Call of Duty: Warzone today, available to tackle any mission in Call of Duty: Black Ops 7 Campaign and Multiplayer modes. Players can experience both the Sportsman ATV and Polaris RZR side-by-side within the game, giving them the freedom to ride, explore and outmaneuver the competition across battlegrounds. The vehicles are also available for players to customize and upgrade in-game, further enhancing the immersive gaming experience. To celebrate the collaboration with Call of Duty, Polaris is launching a multi-week giveaway from December 4, 2025, through January 1, 2026, where fans have the chance to win real Black Ops 7 limited edition RZR Pro R 4 and Sportsman XP 1000 vehicles. The giveaway includes additional prize bundles with Black Ops 7 controllers from SCUF, PC peripherals from Corsair, and gear from Monster Energy Drink, such as special edition fridges and riding helmets. With the introduction of the Polaris Sportsman XP 1000 and RZR Pro R 4 in Call of Duty: Warzone Season 01, fans can experience the power and agility of Polaris vehicles in a new way, bridging the gap between outdoor adventure and gaming.

Reigning champion Brock Heger and 2024 champion Xavier De Soultrait will lead the Polaris RZR Factory Racing team in the 2026 Dakar Rally. The team, backed by LOEB FrayMédia Motorsport, has expanded its program to include an all-new race vehicle debuting in the SSV1 category. With two Dakar champions at the helm and a five-driver lineup, Polaris is poised to defend its title and demonstrate the full strength of its innovation. The team's new platform was engineered specifically for the demands of Dakar's diverse terrain, featuring a Pro R Rally designed to meet international racing requirements. Each driver will be paired with experienced co-drivers and supported by LOEB FrayMédia Motorsport and Polaris engineers. With championship experience, expanded vehicle capability, and a deep driver lineup, Polaris enters the 2026 Dakar Rally with clear aspirations: push the limits of off-road performance and chase a third consecutive victory in the world's most demanding desert race. The rally takes place January 3-17 in Saudi Arabia, and the team is confident in its abilities to deliver a strong performance. With the launch of the SSV1 category, Polaris has demonstrated its commitment to innovation, durability, and race-proven engineering across every level of elite off-road competition. By expanding its program with an all-new race machine, Polaris is entering the rally more prepared and more ambitious than ever. The team's strategy will be guided by experienced co-drivers, supported by LOEB FrayMédia Motorsport, and Polaris engineers – maximizing performance, reliability, and stage-to-stage strategy throughout the duration of the Dakar Rally.

Polaris RZR Factory Racing closed out the 2025 SCORE Desert Series in dominant fashion, remaining undefeated and claiming its third-straight Baja 1000 victory. Cayden MacCachren and co-driver Ethan Groom split driving duties in the No. 1821 Polaris RZR Pro R Factory, grinding through 835 miles of rocks, silt, and bottlenecks to secure a gritty, hard-earned win at the 58th Baja 1000. MacCachren repeatedly positioned himself among the frontrunners throughout the season, and this year's Baja 1000 finally delivered the breakthrough he'd been chasing. After ceding the opening miles to Groom, he took over around race mile 411 for the push to the finish, attacking the deep San Felipe whoops and carving through tight sections to hold off pressure and bring the RZR Pro R Factory across the line for his second-career Baja 1000 victory. Max Eddy Jr. displayed his best performance of the year on the biggest stage, while Brandon Sims delivered a calculated drive in his Polaris race-prepped RZR Pro R machine to finish second and third, respectively, securing Polaris' third-consecutive SCORE podium sweep. The all-Polaris podium sweep further validates the race-bred engineering of the Polaris RZR Pro R Factory, designed from the ground up for desert competition and built off the proven RZR Pro R platform. With its reinforced chassis, long-travel suspension, and torquey 255HP H.O. engine, the Polaris RZR Pro R Factory sets the benchmark in open UTV racing. The team's success marks a significant milestone in the SCORE Desert Series, solidifying Polaris' position as a leader in off-road racing.

For nearly two decades, Polaris' TRAILS GRANTS program has supported organizations and programs that promote safe and responsible riding, facilitate trail preservation, and help protect the environment and natural resources that are a part of the off-road trail systems. The Fall 2025 TRAILS GRANTS awards will support 14 organizations across the U.S. and Canada, with each recipient receiving up to $10,000. Combined with the Spring 2025 TRAILS GRANTS, Polaris has donated more than $255,000 in 2025 and nearly $4 million since the program's inception. The TRAILS GRANTS program is an important part of Polaris' efforts to give back to the off-road community and promote responsible riding practices. With a focus on trail development, maintenance projects, safety education initiatives, and other projects, the TRAILS GRANTS program has made a significant impact on the off-road community. By supporting local riding clubs and organizations, Polaris is helping to preserve and protect the environment and natural resources that are essential to the sport of off-roading. The Fall 2025 TRAILS GRANTS awards will help to continue this important work, providing critical funding for trail development, maintenance projects, and safety education initiatives. With a strong commitment to responsible riding practices and environmental protection, Polaris is leading the way in giving back to the off-road community.