Tranche Update on Polaris Inc.'s Equity Buyback Plan announced on April 29, 2021.

Polaris Inc. is engaged in designing, engineering, manufacturing and marketing of powersports vehicles. The Company also designs and manufactures or sources parts, garments and accessories (PG&A), which includes aftermarket accessories and apparel. The Company operates through three segments: Off Road, On Road and Marine. The Off Road segment consists of off-road vehicles and snowmobiles. The On Road segment designs and manufactures motorcycles, moto-roadsters, light duty hauling, and passenger vehicles. The Marine segment designs and manufactures boats that are designed to compete in key segments of the recreational marine industry, specifically pontoon and deck boats. Its product line-up includes the RANGER, RZR and Polaris XPEDITION and GENERAL 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, and pontoon and deck boats.