Vision Marine Technologies Granted Extension for Continued Listing on the Nasdaq Stock Market

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Montreal, Canada – October 4, 2024 – Vision Marine Technologies Inc. (the
“Company”) (NASDAQ: VMAR), a pioneer in electric marine propulsion, today announced that it has received an extension from the Nasdaq Hearings Panel to continue its listing on
the Nasdaq Capital Market. This extension allows the Company additional time to regain compliance with Nasdaq’s continued listing requirements, subject to meeting specific compliance criteria within designated timeframes.

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