21 February 2025

Montreal, QC, February 21, 2025 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a pioneer in high-performance electric marine propulsion, today announced that its Board of Directors has approved the establishment of a stock repurchase program authorizing the repurchase of up to 5% of Vision Marine Technologies Inc.’s issued and outstanding common shares as of today. We intend to enter into a 10b-18 trading plan establishing such a program.