| Schedule H, Line 4(i) – Schedule of Assets (Held at Year End) |
Polaris 401(k) Retirement Savings Plan EIN: 41-1857431 Plan Number: 001 Schedule H, Line 4i – Schedule of Assets (Held at End of Year) December 31, 2025 | | | | | | | | | | | | | Description | Investment Type | Cost** | Current Value | | Vanguard Institutional Index Fund | Mutual fund | | $ | 229,794,321 | | | Vanguard Target Retirement 2040 | Common collective trust (CCT) lifecycle | | 132,373,289 | | | Vanguard Target Retirement 2050 | CCT lifecycle | | 118,304,811 | | | Vanguard Target Retirement 2035 | CCT lifecycle | | 108,400,529 | | | Vanguard Target Retirement 2045 | CCT lifecycle | | 106,981,248 | | | Vanguard Target Retirement 2055 | CCT lifecycle | | 102,663,247 | | | Vanguard Target Retirement 2030 | CCT lifecycle | | 75,585,252 | | | Vanguard Target Retirement 2060 | CCT lifecycle | | 60,383,649 | | | Vanguard Target Retirement 2025 | CCT lifecycle | | 43,117,132 | | | Vanguard Mid Cap Index Fund | Mutual fund | | 39,065,268 | | | Fidelity Brokerage Link* | Self-directed brokerage account | | 34,869,009 | | | Great Gray Europacific Growth Trust R1 | CCT fund | | 31,162,216 | | | Vanguard Small Cap Index Fund | Mutual fund | | 29,802,941 | | | PIMCO Stable Income Fund II | CCT fund | | 28,437,282 | | | Vanguard Target Retirement 2065 | CCT lifecycle | | 20,615,815 | | | Fidelity Total Bond Fund* | Mutual fund | | 14,373,904 | | | Polaris Inc. common stock* | Common stock | | 13,738,232 | | | Vanguard Target Retirement 2020 | CCT lifecycle | | 12,565,042 | | | Fidelity US Treasury Money Market* | Money market fund | | 11,646,159 | | | T. Rowe Price International Discovery Fund | Mutual fund | | 10,127,781 | | | Vanguard Total Bond Market Index Fund | Mutual fund | | 7,921,168 | | | Large Cap Value Fund CL | CCT fund | | 7,201,872 | | | Large Cap Growth III R1 | CCT fund | | 6,242,774 | | | Vanguard Target Retirement Income | CCT lifecycle | | 5,803,016 | | | BlackRock MSCI ACWI Ex-U.S. | CCT fund | | 5,057,224 | | | Vanguard Target Retirement 2070 | CCT lifecycle | | 3,010,121 | | | BlackRock Strategic Global Bond Institutional | Mutual fund | | 1,922,491 | | | Massachusetts Financial Services Mid Cap Value R3 | Mutual fund | | 1,462,320 | | | Neuberger Berman Small Cap Growth R6 | Mutual fund | | 1,282,640 | | | American Century Large Cap Equity R6 | Mutual fund | | 1,218,713 | | | JPMorgan Mid Cap Growth Fund R6 | Mutual fund | | 1,204,588 | | | Allspring Special Small Cap Value A | Mutual fund | | 496,920 | | | DWS Real Assets S | Mutual fund | | 484,783 | | | | | 1,267,315,757 | | Participant loans, with interest rates ranging from 4.25% to 9.50%, maturing through September 2040* | | | 17,222,856 | | | Total | | | $ | 1,284,538,613 | |
| | | | * Party-in-interest as defined by ERISA. | | ** Cost information is not required for participant-directed investments and therefore is not included. |
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