Vision Marine Secures Key Industrial Tooling to Meet Growing Demand in the Marine Industry

Montreal, Canada – May 30, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), a pioneering force in recreational electric marine propulsion, proudly
announces the acquisition of critical industrial tooling to support the production capacity of over
10,000 battery packs per year. This strategic milestone firmly establishes Vision Marine as a
frontrunner in meeting the escalating demand for electrified marine solutions.