Some of the many notable achievements for Brunswick at the 2023 Miami International Boat Show vs. the 2022 show were:

• Sea Ray built on its 2022 momentum and saw major increases in both unit sales and sales revenue compared to a year ago, including a sizable number of pre-orders for its new SLX 280 Outboard and an increased number of retail sales on boats above 37’.
• Boston Whaler reported increased unit sales and increased sales revenue vs. ‘22 including a strong showing with international customers, particularly from Latin America and the Caribbean.
• For the fifth consecutive year, Mercury Marine had more outboard engines than any other manufacturer at the show, accounting for more than 55% of all outboards across the multiple show venues - more than 20 share points ahead of the closest competitor. This is the highest outboard share Mercury has achieved in Miami as rapid adoption of the new V10 and V12 engines further elevates its presence in shows and markets across the world.
• Navico Group is now a business partner to close to 90% of OEMs exhibiting at the Miami Boat Show and received very high interest in its Fathom and new Active Imaging and Active Target product lines.
• Brunswick won a record 15 awards during the show for innovation, customer satisfaction and marketing excellence, including four NMMA Innovation Awards, with Navico Group winning two Innovation Awards, one for its Lowrance HDS PRO with Active Imaging HD and ActiveTarget 2 and a second for its Fathom e-Power System, Sea Ray winning an Innovation Award for its SLX 260 with Outboard power, and Mercury Marine winning an Innovation Award for its Avator 7.5e Electric Outboard Motor.
  
  

“Miami is a bellwether U.S saltwater show and I am extremely encouraged by the success all our brands and products experienced at this year’s event,” said Dave Foulkes, Brunswick Corporation CEO. “The 2023 show season is off to a solid start with good attendance and engaged consumers at shows across the U.S, Canada, and Europe, and I am very proud of our teams for another outstanding performance in South Florida.”

Brunswick’s award-winning show featured multiple new product announcements including the Mercury Racing V10 400R, the Mercury Marine V10 Sea Pro, a new electric steering system for outboards, the global launch of the Sea Ray 280 SLX Outboard, the Bayliner M19, and refreshes of the Boston Whaler 350 and 380 Realm. In addition, the Heyday and Veer brands, and Freedom Boat Club exhibited at the five-day show highlighting new products and services for 2023, and Mercury Racing kicked off its 50^th Anniversary Celebration.

About Brunswick

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications. Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

Lee
Gordon —
Vice President – Corporate Communications, Public Relations & Public Affairs
M: (904) 860-8848 | O: (847) 735-4003

Furthering Brunswick’s marine leadership position, its brands won awards highlighting innovation, customer satisfaction and marketing excellence, including:

• Four Brunswick products won Innovation Awards, including Navico Group, Lowrance® HDS PRO with Active Imaging HD and ActiveTarget 2 (Consumer Electronics, Mobile Applications and Software); Sea Ray, SLX 260 Outboard (Cuddy Cabin, Bowrider, Deck Boats); Mercury Marine, Avator 7.5e Electric Outboard Motor (Electric Motor/ Battery Powered Propulsion/ Hybrids); Navico Group, Fathom e-Power System (Mechanical & Electrical Systems)
• Five brands were recognized with Marine Industry CSI (Customer Satisfaction Index) Awards for displaying the highest levels of customer contentment. Boston Whaler, Crestliner, Cypress Cay, Harris Boats and Lund Boats were recognized receiving customer satisfaction of 90-percent or higher.
• Four brands received Neptune Awards for marketing excellence, including Boston Whaler (Best Online Advertising); Crestliner (Best Short Video); Heyday (Best Marketing Innovation); and Sea Ray (Best Integrated Marketing New Product Launch).

“I am incredibly proud of our brands and the many accolades we received this week, which encompasses direct feedback from industry professionals, our global consumers and partners,” said Dave Foulkes, CEO, Brunswick Corporation. “The brands, products and technologies recognized are an excellent showcase of our ACES (autonomous, connectivity, electrification, shared access) strategy, and Miami has proven to be a fantastic forum for us to demonstrate our continued leadership in marine innovation and the strength of our Company.” 

About Brunswick

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

This marks the 11th consecutive year of dividend increases.

The dividend will be payable on March 15, 2023, to shareholders of record at the close of business on February 27, 2023.

“Our ability to increase the dividend for an 11^th consecutive year demonstrates the confidence we have in our outlook and strategy,” said Dave Foulkes, Brunswick Corporation CEO. “All our divisions continue to contribute to our strong performance, delivering exceptional top‐line and operating earnings growth versus prior year which has allowed us to continue to maximize our shareholder value with another dividend increase.”

About Brunswick Corporation

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

Forward-Looking Statements

Certain statements in this news release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, and projections about Brunswick’s business and by their nature address matters that are, to different degrees, uncertain. Words such as “may,” “could,” “should,” “expect,” "anticipate," "project," "position," “intend,” “target,” “plan,” “seek,” “estimate,” “believe,” “predict,” “outlook,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this news release. These risks include, but are not limited to: the effect of adverse general economic conditions, including the amount of disposable income consumers have available for discretionary spending; fiscal and monetary policy concerns; adverse capital market conditions; changes in currency exchange rates; higher energy and fuel costs; competitive pricing pressures; interest-rate risk related to our debt; the coronavirus (COVID-19) pandemic and the emergence of variant strains; actual or anticipated increases in costs, disruptions of supply, or defects in raw materials, parts, or components we purchase from third parties, including as a result of pressures due to the pandemic; supplier manufacturing constraints, increased demand for shipping carriers, and transportation disruptions; managing our manufacturing footprint; adverse weather conditions, climate change events and other catastrophic event risks; international business risks, geopolitical tensions or conflicts, sanctions, embargoes, or other regulations; our ability to develop new and innovative products and services at a competitive price; our ability to meet demand in a rapidly changing environment; loss of key customers; absorbing fixed costs in production; risks associated with joint ventures that do not operate solely for our benefit; our ability to integrate acquisitions, including Navico, and the risk for associated disruption to our business; the risk that unexpected costs will be incurred in connection with the Navico transaction or the possibility that the expected synergies and value creation from the transaction will not be realized or will not be realized within the expected time period; our ability to successfully implement our strategic plan and growth initiatives; attracting and retaining skilled labor, implementing succession plans for key leadership, and executing organizational and leadership changes; our ability to identify, complete, and integrate targeted acquisitions; the risk that strategic divestitures will not provide business benefits; maintaining effective distribution; risks related to dealers and customers being able to access adequate financing; requirements for us to repurchase inventory; inventory reductions by dealers, retailers, or independent boat builders; risks related to the Freedom Boat Club franchise business model; outages, breaches, or other cybersecurity events regarding our technology systems, which could affect manufacturing and business operations and could result in lost or stolen information and associated remediation costs; our ability to protect our brands and intellectual property; changes to U.S. trade policy and tariffs; any impairment to the value of goodwill and other assets; product liability, warranty, and other claims risks; legal, environmental, and other regulatory compliance, including increased costs, fines, and reputational risks; changes in income tax legislation or enforcement; managing our share repurchases; and risks associated with certain divisive shareholder activist actions. Additional risk factors are included in the Company’s Annual Report on Form 10-K for 2021 and in subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and Brunswick does not undertake any obligation to update them to reflect events or circumstances after the date of this news release.

Lee
Gordon —
Vice President – Corporate Communications, Public Relations & Public Affairs
M: (904) 860-8848 | O: (847) 735-4003

With an overall length of 19 feet and starting at $30,995, the M19 is built on an improved M-hull foundation offering increased stability and automotive style handling for familiarity to appeal to the next generation of boaters. The M19 features an upgraded nine-person capacity and is watersports capable for a full day of adventure on the water.

From bow to stern, the M19 offers new enhancements, including:

• A lightweight design for easy storage, trailering and handling
• Adjustable aft lounger for anchored sun-soaking
• Bucket-style helm seat for maximum comfort
• Simple, intuitive controls and maximum built-in storage at the helm
• Nook-style cockpit and convertible portside seating
• Premium stitched upholstery and fixtures
• Molded-in storage, including roomy sub-floor ski locker
• Stainless-steel telescoping boarding ladder for easy swim access

Additionally, the M19 is powered by a standard 90HP Mercury Marine outboard engine offering award-winning performance and reliability and offers a 115HP as optional.

“The M Series represents a strategic focus for Bayliner, and the M19 is the next evolution of the lineup setting the stage for innovative design and consumer value in its category,” said Benoit Verley, President, Brunswick Venture Group. “We are thrilled to be expanding the series at the largest boat show on the U.S. circuit and introducing consumers to the Bayliner difference enabling confidence, comfort and fun at the helm.”

The M19 will be make its US debut at the Miami International Boat Show at exhibit # MB1744, and in support of the brand’s mission to connect with the next generation of diverse boaters, Bayliner is partnering with the Jetsetting Family to launch the M19 highlighting the intuitive, user-friendly features of the model. The Jetsetting Family will be on-site in Miami to share their experience with the M19, and you can view additional content across their social channels.

To learn more about the all-new Element M19, visit: https://www.bayliner.com/us/en/boats/deck-boat/element-m19.html

About Bayliner:

Headquartered in Knoxville, Tenn., Bayliner is a recognized global leader in the fiberglass recreational boating industry. Through quality craftsmanship and a diverse product offering, Bayliner strives to make boating an accessible, affordable pastime for everyone worldwide. For more information, visit www.bayliner.com. Bayliner is a brand of Brunswick Corporation (NYSE: BC).

About Brunswick:

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

“It’s been an extraordinary year for Boston Whaler, and we are thrilled to kick-off the 2023 season at one of the industry’s most iconic events showcasing some of the latest advancements across our model lineup,” said Kris Neff, President, Boston Whaler. “The Realm family highlights our expertise in design, manufacturing and technology innovation to deliver incredible capability and performance with outstanding comfort. The reimagined series sets the standard in its category of express cruisers, and we look forward to officially unveiling the line here in Miami amongst our dedicated and loyal global consumer base.”

The Boston Whaler display will highlight 15 models ranging from 13 to 42 feet, including the Reimagined 350 and 380 Realm, which will be making their global debut. Initially launched in 2017, the Boston Whaler Realm series created an industry defining blend of center console performance and capability with the comforts of an express cruiser and functionality of a dual console. The new modernized design perfectly balances luxury amenities and rugged capabilities to withstand any weather elements for a unlimited adventure on the water. The Realm series has been reimagined for 2023 with the following new enhancements:

• Modernized interior furnishings providing quality craftsmanship and functional designs to promote comfort and on-water adventure
• Stylish sculpted exterior upholstery built to withstand all weather conditions pairs tastefully with an all-new teak trim package
• Fully integrated Simrad® systems providing captains with complete control, navigation and confidence at the helm
• Enhanced helm switches and cockpit lighting for a more refined experience
• Powered by the latest Mercury Outboard technology with 400HP V10 Verado and 600HP V12 Verado

Among Boston Whaler’s exhibit highlights will also be an introduction of the Fathom® e-power system on the Boston Whaler 405 Conquest. This integration is a nod to the synergies across Brunswick and sets the stage for future of electrification within the Boston Whaler lineup.

“Our teams are the best in the industry, and the collaboration across our organization harnesses the opportunity to lead the future of recreational boating,” continued Neff. “We look forward to previewing what we have in store at MIBS 2023.”

Boston Whaler will have a presence at the Miami Convention Center, providing the opportunity to explore 15 models across its diverse lineup of Center Consoles, Dual Consoles, Express Cruisers, and Pilot Houses and participate in detailed product walk-throughs and engage with product experts. The following boats from each of Boston Whaler’s model series will be on display:

• 130 Super Sport
• 170 Montauk
• 240, 280, 320 Vantage
• 250 & 280 Dauntless
• 280, 330, 360, 420 Outrage
• 325 & 405 Conquest
• 350 & 380 Realm

Boston Whaler's exhibit is located at exhibit #MB2254 at the Miami Convention Center. For more information on the Boston Whaler 350 and 380 Realm, or to learn more about the entire range of Boston Whaler's line of performance boats, visit bostonwhaler.com.

About Boston Whaler

For more than 60 years, Boston Whaler has been building superior quality unsinkable runabouts, cruisers and center console boats. Founded in 1958 and currently headquartered in Edgewater, Fla., the company’s unique foam-cored construction process contributes not only unsurpassed flotation, but also superior ride characteristics and durability. The current product line ranges from 13 to 42 feet and is distributed around the world by a network of exceptional dealers. For more information about The Unsinkable Legend™, please visit bostonwhaler.com. Boston Whaler is owned by Brunswick Corporation, the leading marine manufacturer in the world.

About Brunswick

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications. Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit Brunswick.com.v

"Being named by Forbes as one of the top employers in America through direct feedback from our global workforce is an honor and a testament to the exceptional employee experience Brunswick strives to deliver," said Jill Wrobel, Executive Vice President and Chief Human Resources Officer, Brunswick Corporation. "Our global workforce of more than 18,500 employees are united in our authentic culture of ‘One Brunswick’ and we’re passionate about delivering innovation and exceptional experiences on the water. I am confident that through our ‘Next Never Rests’ approach across our award-wining brands, we will continue to lead the industry in delivering the future of recreational boating.”

Companies designated as America’s Best Large Employers are selected based on an independent survey where 60,000 employees in 25 different industries working for companies with at least 1,000 people employed in their U.S. locations were asked open-ended questions regarding his/her own employer. The evaluation was based on both direct and indirect recommendations from respondents who were asked to rate their willingness to recommend their own employer to friends and family.

Brunswick's selection to the Forbes list of America's Best Employers 2023 follows the same accolade in 2022, as well as recognition on Forbes' lists for Best Employers for Veterans, World’s Best Employer and Best Employers for Diversity.

To view the full 2023 ranking, click here, and to learn more about what makes Brunswick Corporation a Best Employer visit: https://www.brunswick.com/careers

About Brunswick Corporation

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

Lee Gordon
Vice President – Brunswick Global Communications & Public Affairs
Brunswick Office: 847-735-4003
Cell: 904-860-8848
Lee.Gordon@Brunswick.com

• No-Hassle Membership Transfer: For a limited time across Freedom’s North American company-owned locations, prospective members can receive a discount on their entry fee, if they join the Freedom family from a boat club outside of the Freedom network. Qualifying prospective members will experience a reduction in their overall cost to join Freedom by receiving a discount equivalent to the entry fee paid previously to an outside club.
• Amenity Boat Program Expansion: In 2023, Freedom will continue expanding its Amenity Boat Program to more than 25 locations across North America. As part of that program, members will have the opportunity to access new and enhanced experiences on the water with larger vessels typically ranging 25-30 feet.
• Weekday Only Membership Plan Enhancements: Freedom will continue to expand boater participation by offering weekday only membership plans at attractive rates. This plan will give members the opportunity to enjoy the full benefits of the Club Monday through Friday and enable Freedom to further diversify its membership base.

Participation and pricing in the above offerings may vary by location, and terms and conditions apply. Contact your local Club for further details.  

“We are constantly innovating and exploring enhancements to our membership offering.  Freedom Boat Club has the largest network of clubs, more than 370 locations with reciprocal access, and the advantage of being part of Brunswick, the authentic leader in the marine industry, offering confidence and unique benefits to our community,” said Cecil Cohn, President, Freedom Boat Club Network.

Over the past year, the Network has added and refreshed more than 2,000 boats in the fleet, added reciprocal locations around the world, strengthened its technology platform to enable exciting future enhancements and activated sustainability initiatives such as All Blue Planet, benefiting local communities and first-time boaters.  

“These new enhancements also provide a pathway to expand boater participation by removing barriers and reaching the next generation,” continued Cohn. “We look forward to welcoming many new members on the water this season and continuing to make meaningful investments in the Club.”

To learn more about Freedom’s 2023 offerings, click here.

About Freedom Boat Club

Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC) and headquartered in Venice, FL., is the world’s oldest and largest boat club with more than 370 locations in 34 states, Canada, and Europe. More information about Freedom Boat Club and membership opportunities can be found at FreedomBoatClub.com and franchise opportunities at FreedomBoatClubFranchise.com.  

About Brunswick Corporation

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

"John is an established leader with close to 20 years of experience at Brunswick in a number of global leadership roles and I am confident that he will continue Mercury’s momentum and sustained growth,” said Foulkes.  “John’s promotion is indicative of the talent and experience we have in our management ranks across the entire Company and our continued focus on succession planning.” 

Buelow joined Mercury Marine in 2004 and during the first six years of his Brunswick career held a variety of positions in Finance, including Vice President and CFO of Brunswick Marine in EMEA and Asia-Pacific.  From 2010 until 2023, John held several leadership roles at Mercury’s global headquarters in Fond du Lac including: Vice President, Business Development; Vice President and General Manager, Mercury Castings; Vice President, Category Management & Strategic Planning; and for close to five years, Vice President, Global Operations. 

During his tenure as head of Global Operations, John was integral to planning and executing many significant enhancements and expansions of Mercury’s manufacturing facilities, and the launch of Mercury’s recent award-winning products including the 600hp V12 Verado outboard, the new V10 Verado outboards, and the Avator electric outboard family.  He also drove innovative manufacturing improvements to Mercury plants across the globe, managed significant capital investments such as the recent outboard engine capacity expansion and the new distribution center in Brownsburg, Indiana, all while positively impacting the Company culture with a strong focus on employee wellbeing, safety, and sustainability.  John also contributed to Brunswick on an enterprise level where he played a crucial leadership role helping Brunswick’s global manufacturing facilities navigate the COVID-19 pandemic.   

“I also want to thank Chris Drees for his leadership and many contributions over his 24 years at Mercury and Brunswick,” said Foulkes. “Chris led Mercury through a number of significant milestones during his career and has been an outstanding partner during my time as CEO.  On behalf of Mercury and Brunswick, I wish Chris and his family the very best in their future endeavors.”  

About Brunswick Corporation: 

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com. 

Lee
Gordon —

Vice President – Corporate Communications, Public Relations & Public Affairs
M: (904) 860-8848 | O: (847) 735-4003

The Company will hold a conference call at 10 a.m. CDT/ 11 a.m. EDT, Thursday, February 2, 2023, hosted by David M. Foulkes, chief executive officer, Ryan M. Gwillim, executive vice president and chief financial officer and Neha J. Clark, senior vice president, enterprise finance.  A copy of the presentation to be used on this call will be available when the results are released as noted above.

Security analysts and investors wishing to participate via telephone should call 877-900-9524 (No Password Needed).  Callers outside of North America should call 412-902-0029 (No Password Needed) to be connected.  These numbers can be accessed 15 minutes before the call begins, as well as during the call.

To listen via the Internet, go to www.brunswick.com/investors. Please go to the website at least 15 minutes before the call to register, download and install any needed audio software. 

A replay of the conference call will be available through 1pm CST Thursday February 9, 2023, by calling 877-660-6853 or 201-612-7415 (Access ID: 13735328).  The replay also will be available at www.brunswick.com/investors.

About Brunswick Corporation:

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

Forward-Looking Statements

Certain statements in this news release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, and projections about Brunswick’s business and by their nature address matters that are, to different degrees, uncertain. Words such as “may,” “could,” “should,” “expect,” "anticipate," "project," "position," “intend,” “target,” “plan,” “seek,” “estimate,” “believe,” “predict,” “outlook,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this news release. These risks include, but are not limited to: the effect of adverse general economic conditions, including the amount of disposable income consumers have available for discretionary spending; fiscal and monetary policy concerns; adverse capital market conditions; changes in currency exchange rates; higher energy and fuel costs; competitive pricing pressures; interest-rate risk related to our debt; the coronavirus (COVID-19) pandemic and the emergence of variant strains; actual or anticipated increases in costs, disruptions of supply, or defects in raw materials, parts, or components we purchase from third parties, including as a result of pressures due to the pandemic; supplier manufacturing constraints, increased demand for shipping carriers, and transportation disruptions; managing our manufacturing footprint; adverse weather conditions, climate change events and other catastrophic event risks; international business risks, geopolitical tensions or conflicts, sanctions, embargoes, or other regulations; our ability to develop new and innovative products and services at a competitive price; our ability to meet demand in a rapidly changing environment; loss of key customers; absorbing fixed costs in production; risks associated with joint ventures that do not operate solely for our benefit; our ability to integrate acquisitions, including Navico, and the risk for associated disruption to our business; the risk that unexpected costs will be incurred in connection with the Navico transaction or the possibility that the expected synergies and value creation from the transaction will not be realized or will not be realized within the expected time period; our ability to successfully implement our strategic plan and growth initiatives; attracting and retaining skilled labor, implementing succession plans for key leadership, and executing organizational and leadership changes; our ability to identify, complete, and integrate targeted acquisitions; the risk that strategic divestitures will not provide business benefits; maintaining effective distribution; risks related to dealers and customers being able to access adequate financing; requirements for us to repurchase inventory; inventory reductions by dealers, retailers, or independent boat builders; risks related to the Freedom Boat Club franchise business model; outages, breaches, or other cybersecurity events regarding our technology systems, which could affect manufacturing and business operations and could result in lost or stolen information and associated remediation costs; our ability to protect our brands and intellectual property; changes to U.S. trade policy and tariffs; any impairment to the value of goodwill and other assets; product liability, warranty, and other claims risks; legal, environmental, and other regulatory compliance, including increased costs, fines, and reputational risks; changes in income tax legislation or enforcement; managing our share repurchases; and risks associated with certain divisive shareholder activist actions.

Additional risk factors are included in the Company’s Annual Report on Form 10-K for 2021 and in subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and Brunswick does not undertake any obligation to update them to reflect events or circumstances after the date of this news release.

Lee
Gordon —

Vice President – Corporate Communications, Public Relations & Public Affairs
M: (904) 860-8848 | O: (847) 735-4003

Brunswick kicked off 2023 with a very successful Consumer Electronics Show (CES) in Las Vegas where the Company highlighted its ACES Innovation Strategy with the launch of multiple new products including its newest boat brand, Veer and Mercury’s first Avator electric engine.  CES set the stage for the winter boat show season in Europe and North America where consumer boat shows in New York, Chicago, and Toronto drew sizeable crowds while the Minneapolis Boat Show, one of the most influential freshwater shows in the U.S. was sold out according to the NMMA.

Last week’s Dusseldorf Boat Show, the largest indoor boat show in the world, drew close to 240,000 attendees – surpassing expectations.  During the event, Mercury Marine announced that it is now the outboard engine share leader in Europe and reported 40% overall share of outboard engines at the show which was 15 points higher than the next closest competitor and had close to 60% of all outboard engines over 150hp at the show.

Sea Ray reported strong sales in Dusseldorf, increasing units sold by eight percent from the 2020 pre-pandemic show – including the very successful launch of the all-new 210 SLX. Quicksilver and Bayliner both launched new products and saw high traffic in their exhibit as both brands improved market share in Germany.

“While post pandemic events are operating under different benchmarks, Brunswick and our brands saw very engaged consumers and excitement at shows around the world,” said Dave Foulkes, Brunswick Corporation CEO. “I’m thrilled at the level of success that our Company has experienced over the first four weeks of the year and look forward to continuing that momentum as we move towards the Miami International Boat Show in mid-February.”

About Brunswick Corporation:

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

Lee
Gordon —

Vice President – Corporate Communications, Public Relations & Public Affairs
M: (904) 860-8848 | O: (847) 735-4003

“Regarded as one of the best boating markets in the world, we believe there is an outstanding opportunity to expand Freedom Boat Club across the region,” said Cecil Cohn, President, Freedom Boat Club Network. “Expansion into Australia represents the continued replication of our successful and best-in-class boat share model, built across our network of 370+ locations, to expand boating participation and introduce more global consumers to life on the water.”

As part of the expansion strategy, David Kurczewski has been appointed General Manager, Shared Services Asia-Pacific and is responsible for growing the Freedom footprint across the broader Asia-Pacific region.

“We believe Australia, New Zealand and the broader Asia-Pacific are prime markets to grow the Freedom Boat Club business – boating interest is extraordinary, the waterways are world class, and Freedom allows anyone to enjoy the water with no prior experience and minimal time or financial commitment,” said Kurczewski. “We are incredibly excited to announce our flagship location on Sydney Harbor and continue to build momentum as we plan for expansion across the Asia-Pacific region. We look forward to delivering exceptional experiences on the water and introducing the Freedom Boat Club model to boaters across the region.”

The flagship Australia Club will be located at d’Albora The Spit, Mosman on Sydney Harbour and will open in July 2023. Membership pre-sales are currently underway and those interested in joining should visit FreedomBoatClub.au or email info@freedomboatclub.au for more information.  

Freedom Boat Club’s Australian flagship location is a corporate-owned location, but Freedom will continue to expand throughout Australia and the broader region with future franchise partners as well. To learn more about franchise opportunities in Australia and the broader Asia-Pacific region, please visit: FreedomboatClubFranchise.com or email franchise@freedomboatclub.com.

About Freedom Boat Club

Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC) and headquartered in Venice, FL., is the world’s oldest and largest boat club with more than 370 locations in 34 states, Canada, and Europe. More information about Freedom Boat Club and membership opportunities can be found at FreedomBoatClub.com and franchise opportunities at FreedomBoatClubFranchise.com.   

About Brunswick

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

The newly designated ZWTL facilities include four distribution centers operated by Mercury subsidiary Land ‘N’ Sea and another distribution center on the Mercury world-headquarters campus in Fond du Lac, Wisconsin. The facilities are:

• Land ‘N’ Sea in Eagan, MN
• Land ‘N’ Sea in Fresno, CA
• Land ‘N’ Sea in Kent, WA
• Land ‘N’ Sea in Pompano Beach, FL
• Mercury Plant 15L in Fond du Lac, WI

Mercury previously designated three other distribution centers — a Land ‘N’ Sea facility in Old Lyme, Connecticut, and Mercury distribution centers in Fond du Lac and Petit-Rechain, Belgium — as zero‑waste‑to‑landfill operations. Additionally, the company in November named its factory in Florida that makes electrical and plastic components as its first manufacturing facility to earn the ZWTL distinction.

“Kudos go to our Land ‘N’ Sea teams of individuals who, in addition to performing their operational duties, took on the challenge of making their respective distribution centers even more environmentally friendly,” said Mike Conners, Land ‘N’ Sea president. “Although each team benefited from the knowledge gained from previous Mercury zero-waste efforts, and the targeted standards remained consistent, nonetheless there was considerable variation from one facility to the next regarding the nature of the challenges and the requirements of solutions. Every team had to be creative and resourceful in finding answers.”

Conners noted that five of LNS’s 13 distribution centers now have achieved ZWTL status. He and his teams will work throughout 2023 toward a goal of significantly growing that list.

Each of the Land ‘N’ Sea facilities plays an important role in wholesale distribution of parts and accessories to the marine and RV industries. Shipment destinations include dealers, repair shops, retail outlets and e-commerce vendors. 

Andrew Bores, manager of materials control at Mercury Plant 15L, emphasized the value of employees’ ongoing vigilance. “The importance of the human element of our

zero-waste-to-landfill efforts can’t be overstated. We deal with so many varieties of materials, and each employee must keep track of how to handle them. For example, there are numerous and diverse types of plastics and cardboard — each of which may require different handling in our zero-waste procedures. We’re counting on employees’ attention and dedication to keep these processes working,” he said, adding that ongoing education and conspicuous signage will help to reinforce the guidance.

Mercury Plant 15L serves as the primary launching point for distribution of Mercury engines and other finished products to the company’s global network of dealerships, distributors and boat manufacturers. Plus, the location collects various incoming parts, components and materials from around the world that are subsequently distributed to Mercury manufacturing operations as needed.

The waste streams addressed in all these operations’ ZWTL initiatives include cardboard, paper, plastic, metal, wood and other materials.

For ongoing compliance with the required standards, Mercury has empowered teams at each of its ZWTL locations to develop sound methodology for continual monitoring. The teams regularly measure waste-stream materials generated from operations and the amount of those materials moved into the proper channels of reuse and recycling.

“On behalf of all of us at Veer, we would like to thank the NMMA for this prestigious honor,” said Matt Atilano, Veer Director of Strategy. “The X13 brings new energy and new thinking to the outdoor experience. I am incredibly proud of our team for this well-deserved recognition and look forward to delivering on Brunswick’s promise to expand access to the water and democratize boating.”

Initially launched at CES 2023, the X13 , is a 13-foot, multi-tool vessel built from durable rotomolded polyethylene to enable boaters to experience the outdoors with confidence. The X13 is designed to be powered by Mercury Avator electric propulsion systems and Mercury FourStroke outboards, including the Avator 7.5e electric outboard – the first product in the Avator series – which was also unveiled at CES 2023.

Crafted by the engineering team at Lund Boats – industry leaders in fishing boat design – the X13 offers exceptional quality and robustness, a contemporary design, combined with thoughtful and ingenious fishing-focused features. The Veer X13 will expand access to boating, offering performance, ease-of-use, low maintenance and affordability.

Innovation award judges commented on the X13 stating: “Bringing in an entirely new concept of boat with next generation technologies and an entry-level price point, the Veer X13 offers the joy of getting on the water to a whole new generation of boaters and offers access to waters never before explored by a motorized boat,” said judge, Adam Quandt.

The Innovation Awards program, organized by NMMA and judged by Boating Writers International (BWI), honors manufacturers and suppliers who bring new, innovative products for the boating industry to market. The award acknowledges products that best meet criteria including innovative distinction from other products currently being manufactured, benefit to the marine industry and/or consumer, practicality, and cost-effectiveness. The judging committee is comprised of BWI members who perform product testing throughout the year and have expertise in marine products. 

To view the full list of the 2023 Minneapolis Boat Show Innovation Award winners, visit here, and to learn more about the Veer X13, visit here.  

About Veer

Veer was established to expand opportunities for on-the-water adventure and make outdoor discovery attainable for all. Crafted by the engineers of Lund Boats with a 75-year history of quality and innovation, Veer provides an affordable, low-maintenance option for new boaters. Designed with innovation and sustainability in mind, Veer is built from a durable polyethylene hull and offers an electric propulsion option with Mercury® Avator™ outboard motors. Veer is part of Brunswick Corporation (NYSE: BC) and represents the 18th boat brand within the Brunswick Boat Group portfolio. To learn more, visit veerboats.com.

About Brunswick Corporation

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

Attachment

• 2023 Minneapolis Innovation Award Winner

Michelle Voss
Sr Manager, Global PR & Media Relations
michelle.voss@brunswick.com
(904) 955 – 0818

2023 Minneapolis Innovation Award Winner

2023 Minneapolis Innovation Award Winner

The Company will hold a conference call at 10 a.m. CST/ 11 a.m. EST, Thursday, February 2, 2023, hosted by David M. Foulkes, chief executive officer, Ryan M. Gwillim, executive vice president and chief financial officer and Neha Clark, senior vice president, enterprise finance.  A copy of the presentation to be used on this call will be available when the results are released as noted above.

Security analysts and investors wishing to participate via telephone should call 877-900-9524 (No Password Needed).  Callers outside of North America should call 412-902-0029 (No Password Needed) to be connected.  These numbers can be accessed 15 minutes before the call begins, as well as during the call.

To listen via the Internet, go to www.brunswick.com/investors. Please go to the website at least 15 minutes before the call to register, download and install any needed audio software. 

A replay of the conference call will be available through 1pm CST Thursday February 9, 2023, by calling 877-660-6853 or 201-612-7415 (Access ID: 13735328).  The replay also will be available at  www.brunswick.com/investors.

About Brunswick Corporation:

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

Forward-Looking Statements

Certain statements in this news release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, and projections about Brunswick’s business and by their nature address matters that are, to different degrees, uncertain. Words such as “may,” “could,” “should,” “expect,” "anticipate," "project," "position," “intend,” “target,” “plan,” “seek,” “estimate,” “believe,” “predict,” “outlook,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this news release. These risks include, but are not limited to: the effect of adverse general economic conditions, including the amount of disposable income consumers have available for discretionary spending; fiscal and monetary policy concerns; adverse capital market conditions; changes in currency exchange rates; higher energy and fuel costs; competitive pricing pressures; interest-rate risk related to our debt; the coronavirus (COVID-19) pandemic and the emergence of variant strains; actual or anticipated increases in costs, disruptions of supply, or defects in raw materials, parts, or components we purchase from third parties, including as a result of pressures due to the pandemic; supplier manufacturing constraints, increased demand for shipping carriers, and transportation disruptions; managing our manufacturing footprint; adverse weather conditions, climate change events and other catastrophic event risks; international business risks, geopolitical tensions or conflicts, sanctions, embargoes, or other regulations; our ability to develop new and innovative products and services at a competitive price; our ability to meet demand in a rapidly changing environment; loss of key customers; absorbing fixed costs in production; risks associated with joint ventures that do not operate solely for our benefit; our ability to integrate acquisitions, including Navico, and the risk for associated disruption to our business; the risk that unexpected costs will be incurred in connection with the Navico transaction or the possibility that the expected synergies and value creation from the transaction will not be realized or will not be realized within the expected time period; our ability to successfully implement our strategic plan and growth initiatives; attracting and retaining skilled labor, implementing succession plans for key leadership, and executing organizational and leadership changes; our ability to identify, complete, and integrate targeted acquisitions; the risk that strategic divestitures will not provide business benefits; maintaining effective distribution; risks related to dealers and customers being able to access adequate financing; requirements for us to repurchase inventory; inventory reductions by dealers, retailers, or independent boat builders; risks related to the Freedom Boat Club franchise business model; outages, breaches, or other cybersecurity events regarding our technology systems, which could affect manufacturing and business operations and could result in lost or stolen information and associated remediation costs; our ability to protect our brands and intellectual property; changes to U.S. trade policy and tariffs; any impairment to the value of goodwill and other assets; product liability, warranty, and other claims risks; legal, environmental, and other regulatory compliance, including increased costs, fines, and reputational risks; changes in income tax legislation or enforcement; managing our share repurchases; and risks associated with certain divisive shareholder activist actions.

Additional risk factors are included in the Company’s Annual Report on Form 10-K for 2021 and in
subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and Brunswick does not undertake any obligation to update them to reflect
events or circumstances after the date of this news release.

Lee Gordon
Vice President – Brunswick Global Communications & Public Affairs
Brunswick Office: 847-735-4003
Cell: 904-860-8848
Lee.Gordon@Brunswick.com

"We are honored to be recognized on Entrepreneur's Franchise 500 list as one of the top franchisors for the seventh consecutive year. This recognition demonstrates the strength of our brand, our continued growth, and our ability to democratize boating with a model that makes participation accessible to all,” said Louis Chemi, Freedom Franchise Systems vice president. “This recognition is truly a testament to our dedicated team members, passionate franchisees, and our shared mission of making boating for everyone.”

Entrepreneur analyzed more than 1,100 companies and scored them based on factors such as size and growth, company support, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order

Most recently, Freedom Boat Club surpassed more than 50,000 memberships and 80,000 members across its global footprint and announced the Company has more than doubled in size since it was acquired by Brunswick in 2019. Today, Freedom has more than 370 locations across North America and Europe, made up of both corporate locations and a continually growing network of franchise partners to expand boating participation through its convenient, shared-access model. Additionally, the Company was recognized as a 2022 Top Franchise by Franchise Business Review.

“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”

To view the full 2023 Franchise 500 List, visit entrepreneur.com/franchise500, and to learn more about Freedom Boat Club and the franchise opportunities available, visit: freedomboatclubfranchise.com.

About Freedom Boat Club

Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC) and headquartered in Venice, FL., is the world’s oldest and largest boat club with more than 370 locations in 34 states, Canada, and Europe. More information about Freedom Boat Club and membership opportunities can be found at FreedomBoatClub.com and franchise opportunities at FreedomBoatClubFranchise.com.  

About Brunswick

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

LAS VEGAS, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) unveiled today at the Consumer Electronics Show (CES) in Las Vegas, a powerful brand update reflecting the Company’s unwavering dedication to architecting the future of the marine industry through technology-driven solutions across its portfolio of category-leading brands. Anchored in its new tagline, “Next Never Rests™,” the brand refresh reflects a sustained commitment to innovation embodied in the most comprehensive and integrated product, service and technology strategy in Brunswick’s history.

"Brunswick’s success has always been rooted in our deep understanding of what the next generation consumer wants – holistic and ecosystem solutions that are grounded in human experiences. Now, we’re excited to launch a contemporary brand that fully reflects our culture of challenging convention, our relentless pursuit of excellence, and our commitment to advancing innovation at the edge,” said Lauren Beckstedt, Chief Marketing Officer, Brunswick Corporation. "Our tagline, 'Next Never Rests™', pays homage to a future we will define, and underpins the Company’s enduring relevance as a leader in technology and sustainable innovation.”

The new brand work aims to energize the storied Brunswick brand, better represent the Company’s ecosystem of leading marine brands – such as Boston Whaler, Sea Ray, Lund, Freedom Boat Club, Mercury Marine and Lowrance— while amplifying the Company’s dedication to transforming experiences on the water and beyond.

“Central to our brand commitment, and the industry transformation we aspire to achieve, are our partners—in our broad customer base, our channel and our supply chain, across technology verticals, and throughout our wealth of world-class talent,” said Brunswick CEO Dave Foulkes. “Innovation is what drives Brunswick forward and what excites others to join us as we craft a better, more sustainable future.​”

To bring the new brand positioning to life, Brunswick launched a new visual identity, inclusive of a new logo and tagline. In coordination with this brand reveal, Brunswick also unveiled a series of innovations at CES 2023, including: the first commercial model in Mercury Marine's Avator 48V electric outboard series; the first model launched under the all-new and exciting Veer boat brand, designed for electrification and the next generation of boaters; and Navico Group’s newly launched Fathom e-power system – a lithium-ion power management system that offers advanced electrical energy storage and distribution capabilities for onboard systems in marine and other mobile and industrial applications. The new brand video can be seen here:  https://youtu.be/gKagV2b10Co

To learn more about Brunswick’s presence at CES 2023, follow online at Brunswick.com/NextNeverRests or follow Brunswick on its social channels on LinkedIn, Facebook, YouTube and Instagram.

About Brunswick

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit brunswick.com.

Lee Gordon
Vice President – Brunswick Global Communications & Public Affairs
Brunswick Office: 847-735-4003
Cell: 904-860-8848
Lee.Gordon@Brunswick.com

“Recreational boating and fishing are enjoying increasing popularity with younger and more diverse consumers,” said Matt Atilano, Veer Director of Strategy. “We identified a gap in the marketplace and a need to create a more targeted and modern experience for these new boaters, which inspired the design and development of the Veer brand.” 

As part of the brand launch, Veer is introducing the X13, a 13-foot, multi-tool vessel built from durable rotomolded polyethylene to enable boaters to experience the outdoors with confidence. The X13 is designed to be powered by Mercury Avator electric propulsion systems and Mercury FourStroke outboards, including the Avator 7.5e electric outboard – the first product in the Avator series – which was also unveiled at CES 2023. Avator propulsion systems offer quiet, all-electric power, integrated with intuitive controls and advanced digital displays, and produce no direct emissions.

Crafted by the engineering team at Lund Boats – industry leaders in fishing boat design – the X13 offers exceptional quality and robustness, a contemporary design, combined with thoughtful and ingenious fishing-focused features. The Veer X13 will expand access to boating, offering performance, ease-of-use, low maintenance and affordability. Standard features include:

• Durable rotomolded polyethylene hull with shallow draft to explore unchartered territory
• Galvanized trailer offering easy towing capabilities for cars and small SUVs
• Portable navigation light kit and marine mat
• Compatibility with Mercury electric (optional) or gas propulsion (standard)
• Additional, optional features include: a shallow-water anchor, SportTrak™ accessories, a mooring cover and a standing bar

“Our target consumer is looking for a brand that brings new energy and new thinking to the outdoor experience,” said Atilano. “Through Veer, we look forward to delivering on these desires and on Brunswick’s promise to expand access to the water and democratize boating.”

Starting at $11,995 with standard features, the X13 will be available Spring 2023 for order at veerboats.com. To learn more, visit us online or follow us on Instagram.

About Veer

Veer was established to expand opportunities for on-the-water adventure and make outdoor discovery attainable for all. Crafted by the engineers of Lund Boats with a 75-year history of quality and innovation, Veer provides an affordable, low-maintenance option for new boaters. Designed with innovation and sustainability in mind, Veer is built from a durable polyethylene hull and offers an electric propulsion option with Mercury® Avator™ outboard motors. Veer is part of Brunswick Corporation (NYSE: BC) and represents the 18th boat brand within the Brunswick Boat Group portfolio. To learn more, visit veerboats.com.

About Brunswick Corporation

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

Lee Gordon
Vice President – Brunswick Global Communications & Public Affairs
Brunswick Office: 847-735-4003
Cell: 904-860-8848
Lee.Gordon@Brunswick.com

“We are excited to formally introduce the Avator 7.5e electric outboard to the world,” said Chris Drees, Mercury Marine president. “As the innovation leader in the marine industry, both in internal combustion products and now electric propulsion, we have the resources and knowledge to make boating more accessible to more people, while building on our commitment to sustainability. The Avator program is helping us do this in new and exciting ways.”

The Avator 7.5e outboard generates 750W of power at the prop shaft and produces similar speed and acceleration as a Mercury 3.5hp FourStroke outboard. Offered with tiller or remote steering, it’s ideal for powering many small boats, including tenders, jon boats, rigid inflatables and kayaks.

“The Avator 7.5e is much more than just an outboard,” said Tim Reid, Mercury Marine vice president of product development and engineering. “We created an entire propulsion system, fully integrated from the advanced controls, props and digital gauges to an all-new mobile app. Every aspect was designed with the same attention to quality, durability and reliability as all Mercury products. We’re confident the Avator 7.5e outboard will deliver a superior boating experience for boaters interested in powering small vessels with electric propulsion.”

Ease of Use
The Avator 7.5e electric outboard delivers clean, quiet power with innovative features that make it simple for boaters to enjoy the water. Swappable batteries, a quick-connect mounting system and intuitive controls make setup and operation easy. A vivid full-color display tracks battery level and range, for confidently exploring the water. 

Batteries and Chargers
With its high-efficiency design and advanced lithium-ion battery system, the Avator 7.5e electric outboard is engineered to optimize range. The 1kWh lithium-ion battery was developed in partnership with the battery experts at Mastervolt and engineered exclusively for marine duty. It's a safe, reliable 48V power source that's been drop-tested and IP67 rated for water resistance.

Smart chargers constantly monitor voltage and current to deliver a safe, effective charge and can shut down to protect the battery if there is an issue. An intelligent digital display continuously tracks your current power status and estimated runtime.

Motor and Performance
Industry-first transverse flux motor technology delivers reliable, quiet power. The motor generates high torque with little effort, maximizing battery life and range while contributing to faster acceleration and more efficient overall performance than similar competitive products.

Commitment to Sustainability
The Avator program continues Mercury’s commitment across all product lines to redefine marine propulsion in ways that leave a positive impact on the environment. Avator outboards transform the boating experience by making boating possible with no exhaust fumes and zero direct emissions. Each electric outboard is also crafted with many components that are recyclable or reusable. Incredibly calm, quiet and smooth, the Avator 7.5e outboard helps boaters to fully immerse themselves in nature. 

Connected Devices
The Avator 7.5e electric outboard is the first propulsion system from Mercury to be compatible with the all-new Mercury Marine app, available for iOS® and Android™ devices. Boaters can access the app for free to enjoy basic functionality, including a library of tutorials and the ability to connect with a preferred dealer for expert support. Adding a Mercury SmartCraft® Connect module to the outboard unlocks advanced features of the app. This includes a GPS map for planning your trips and visualized range estimates so you confidently explore. The app can also be used to track speed, battery level, outboard hours and system notifications. It provides the most complete set of performance data available for any electric outboard.

Learn more about Avator and Mercury’s vision for electrification at MercuryMarine.com/Avator.  

About Mercury Marine
Headquartered in Fond du Lac, Wisconsin, Mercury Marine^® is the world’s leading manufacturer of recreational marine propulsion engines. A division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications. Mercury empowers boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. The company’s industry-leading brand portfolio includes Mercury outboard engines, Mercury MerCruiser^® sterndrive and inboard packages, Mercury propellers, Mercury inflatable boats, Mercury SmartCraft^® electronics, Land 'N' Sea marine parts distribution and Mercury and Quicksilver^® parts and oils. More information is available at MercuryMarine.com.

About Brunswick Corporation

Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond.  Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing and MerCruiser. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications.  Headquartered in Mettawa, IL, Brunswick has more than 18,500 employees operating in 29 countries. In 2022, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the third consecutive year. For more information, visit www.Brunswick.com.

Lee Gordon
Vice President – Brunswick Global Communications & Public Affairs
Brunswick Office: 847-735-4003
Cell: 904-860-8848
Lee.Gordon@Brunswick.com

The award caps a year of honors and accolades earned by Brunswick for its industry-leading environmental, social, and corporate governance (ESG) efforts. In 2022, the company was also recognized by Forbes as one of the World’s Best Employers, America’s Best Large Employers, America’s Best Employers for Veterans, and America’s Best Employers for Diversity; additionally, its Mercury Marine division recently earned a 12th consecutive Green Masters designation for sustainable business practices and initiatives from the Wisconsin Sustainable Business Council.

“We are delighted to see our long-term commitment to sustainability and diversity, equity and inclusion recognized with this prestigious award,” said Dave Foulkes, Brunswick Corporation CEO. “These initiatives are pillars of our strategy and culture at Brunswick.”

America’s Most Responsible Companies were selected based on publicly available key performance indicators derived from Corporate Social Responsibility Reports, Sustainability Reports, and Corporate Citizenship Reports as well as an independent survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility. The award recognizes U.S. companies for their ongoing commitment to corporate social responsibility, particularly related to ESG initiatives.

View the entire 2022 America’s Most Responsible Companies list here. Learn about Brunswick’s commitment to corporate responsibility here.

About Brunswick

Headquartered in Mettawa, Ill., Brunswick Corporation’s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Navico Group, which includes industry-leading brands such as Simrad, Lowrance, C-MAP, B&G, MotorGuide, Attwood, Mastervolt, RELiON, Blue Sea Systems, CZone and Navico Group Connect system integrators. Land ’N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club and Boat Class. For more information, visit brunswick.com.

Lee Gordon
Vice President – Brunswick Global Communications & Public Affairs
Brunswick Office: 847-735-4003
Cell: 904-860-8848
Lee.Gordon@Brunswick.com

WSBC recognized Drees and Louks for their leadership of sustainability efforts, noting that “the winners exhibit leadership, initiative and innovation and make measurable impacts across their businesses and the communities they serve.” Drees received the award for Sustainable Leadership – Executive, and WSBC honored Louks with its Sustainable Leadership – Champion award for his advocacy and consensus-building around sustainability initiatives at Mercury. Drees and Louks were among only three individuals to receive personal recognition in this year’s awards.

To win its 12th Green Masters designation, Mercury achieved a score within the top 20% of all applicants in a rigorous examination of the company’s sustainable business practices. Judges evaluated the applicants according to several categories of sustainability, including Diversity, Equity and Inclusion (DEI); waste management and other forms of environmental stewardship; responsible use of energy and water; pursuit of humanitarian causes advancement of education; and leadership and consensus-building. They examined the advancement of these objectives in the contexts of transportation, supply chain management, workforce development, operations and other factors.

“Each successive Green Masters award is even more satisfying than the last,” said Drees. He emphasized the WSBC Green Masters Program’s evaluative methodology, which requires applicants to cite sustainable business practices and initiatives undertaken in the past year and to show improvement over previous years. “The WSBC’s approach requires applicants to build on successes year over year – there’s no resting on laurels. Mercury continues to set a new standard for sustainability within the marine industry and the state of Wisconsin.”

The company’s sustainability accomplishments in recent months include expanding its zero‑waste‑to‑landfill initiatives. Mercury also deepened its commitment to renewable energy, joining with Alliant Energy to launch a large-scale solar array project in its headquarters’ home county and investing in a virtual power purchase agreement with one of the largest suppliers of solar energy to the nation’s grid.

The company expanded its development of fuel-efficient marine engines and further refined its innovative concept for outboard propulsion that uses swappable and rechargeable batteries. Mercury will introduce products in its new electric-propulsion line to the market in the months ahead.

Mercury also expanded its contributions to worthy causes at both the corporate and grassroots levels. The employees’ annual food drives and electronics-recycling campaigns reached new highs. The company also introduced new employee-driven activities to advance the principles of DEI.

See the Mercury Sustainability Report and learn more about the company’s sustainability initiatives at www.MercuryMarine.com/en/us/land/sustainability.

Photo caption: Mercury Marine Sustainability Manager Scott Louks accepts his Sustainable Leadership – Champion award Nov. 15 at WSBC's Sustainable Business Awards Reception in Green Bay, Wis.

About Mercury Marine

‑Headquartered in Fond du Lac, Wisconsin, Mercury Marine® is the world’s leading manufacturer of recreational marine propulsion engines. A division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications. Mercury empowers boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. The company’s industry-leading brand portfolio includes Mercury outboard engines, Mercury MerCruiser® sterndrive and inboard packages, Mercury propellers, Mercury inflatable boats, Mercury SmartCraft® electronics, Land 'N' Sea marine parts distribution and Mercury and Quicksilver® parts and oils. More information is available at www.MercuryMarine.com.