Montreal, Canada, January 17, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), the global leader and innovator within the performance electric
recreational boating industry, is joining forces with Four Winns, a division of Groupe Beneteau (BEN-
Euronext), to revolutionize the recreational boating market with their new H2e Bowrider, equipped with
Vision Marine’s E-Motion™ 180 HP fully electric powertrain and motor.
The partnership between these two industry leaders represents a major step forward in the
development of sustainable and high-performance electric boats. The combination of Four Winns'
renowned boat design and Vision Marine cutting-edge technology results in a truly innovative and
unparalleled product.
The H2e Bowrider is a game-changer for recreational boating, offering a quiet and emission-free boating
experience, while still delivering the power and speed that boaters crave. The E-Motion™ 180 HP fully
electric powertrain provides smooth and instant torque, allowing for a thrilling and responsive ride. The
public and the boating industry can look forward to a revolutionary new era of sustainable and high-
performance boating with the H2e Bowrider and the partnership between Vision Marine and Four
Winns.
Vision Marine will be supporting and participating alongside Four Winns and Beneteau at the prestigious
Düsseldorf International Boat Show, to be held January 21 – 29 2023. This is the world’s largest water
sports trade fair and one of the most important hubs for exchange of the industry.
“This is an incredible opportunity for Vision Marine to participate alongside Beneteau to showcase our
technology and expand into the European market. We are thrilled to be supporting and partnering with
Four Winns and Beneteau to bring the H2e Bowrider to the market. This is a truly exciting and innovative
product, and we are confident that it will revolutionize the recreational boating market," stated Alex
Mongeon, co-founder & CEO of Vision Marine.
This partnership demonstrates Vision Marine’s and Beneteau’s commitment to sustainable high-
performance boating and positions the partnership as a leader in the industry.
The H2e Bowrider is just the beginning of what we expect will be a long-term collaboration, as both
companies are currently working on developing new electric powertrain solutions for other recreational
boats, within the Beneteau’s brand portfolio.
For almost 50 years, Four Winns has been building its international reputation as a manufacturer of
refined and sophisticated open boats, easily customizable to meet the needs and desires of boat owners
worldwide. Four Winns continues to be the American timeless reference in boat building. Founded in
Cadillac, Michigan, its iconic image serves as a basis to consistently evolve products and features across
all markets by developing style icons perfectly shaped with a love for details. With a deep commitment
to a carefree, instinctive boating experience, Four Winns strives to exceed in comfort, convenience, and
operation ease – a true reward as soon as one steps on board.
A global market leader, Groupe Beneteau, thanks to its Boat Division’s 11 brands, offers nearly 180
recreational boat models serving its customers’ diverse navigational needs and uses, from sailing to
motorboating, monohulls and catamarans. Through its Boating Solutions division, the Group is also
present in the charter, boat club, marina, digital and financing sectors. Leading the European leisure
homes market, the three brands from the Group’s Housing division offer a comprehensive range of
leisure homes, lodges and pods that combine eco-design with high standards of quality, comfort, and
practicality. With its international industrial capabilities and global sales network, Groupe Beneteau
employs 7,600 people, primarily in France, the US, Poland, Italy, Portugal, and China.
Vision Marine Technologies, Inc. (Nasdaq: VMAR), strives to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero emission and a noiseless environment. Our flagship outboard powertrain (“E-Motion™”) is the first fully electric purpose-built outboard powertrain system that combines an advanced battery pack, inverter, and high efficiency motor with proprietary union assembly between the transmission and the electric motor design utilizing extensive control software. Our E-Motion™ and related technologies used in this powertrain system are uniquely designed to improve the efficiency of the outboard powertrain and, as a result, enhance both range and performance. Vision Marine continues to design, innovate, manufacture, and sell handcrafted, high performance, environmentally friendly, electric recreational power boats to customers. The design and technology applied to our boats results in far greater enhanced performance
in general, higher speeds, and longer range. Simply stated, a smoother ride than a traditional internal combustion engine (ICE) motorboat.
