Vision Marine Technologies Announces Landmark Delivery of E-Motion™ Electric Powertrain to Groupe Beneteau Four Winns

Montreal, Canada —October 4, 2023 — Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine”
or the “Company”), a global leader and innovator within the performance electric recreational boating industry, is
pleased to announce the delivery of its pioneering E-Motion™ Electric Powertrain Technology to Groupe
Beneteau, Four Winns at their production facility in Michigan. These will be the inaugural electric motors
integrated on the Four Winns H2e Bowrider.

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