Escape Communication

Montreal, QC, January 16, 2025 — Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a “Common Share”) (or pre-funded warrants (each a “Pre-funded Warrant”) in lieu thereof) together with warrants (each a “Common Warrant”) to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of US$1.25 per unit, for aggregate gross proceeds of approximately US$5.9 million, before deducting fees and offering expenses.

Montreal, Canada – January 14, 2025 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office for a groundbreaking Battery Authentication Encryption Technology. This system is designed to securely integrate proprietary components within the E-Motion™ Electric Powertrain, prevent third-party substitution, and gather valuable boaters’ data, reinforcing the strategic value of Vision Marine’s advanced technology.

Montreal, QC, January 13, 2025 — Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a pioneer in electric marine propulsion, today announced that it has entered into definitive securities purchase agreements dated January 12, 2025 with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a “Common Shares”) (or pre-funded warrants (“Pre-funded Warrants”) to purchase in lieu thereof) together with warrants (each a “Common Warrant”) to purchase one-half of the number of shares of common shares (or Pre-funded Warrants) of the Company at a price of US $1.25 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately US $5.8 million, before deducting fees and offering expenses.

Montreal, Canada – January 11, 2025 – Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a leading innovator in electric marine propulsion, is pleased to announce its schedule for the upcoming boat show season. The company will showcase its groundbreaking electric powertrain technology, its latest innovative electric boats, and, for the first time, electric pontoons available for purchase and delivery started spring 2025. Different boats, including E-Motion™ equipped models, will be showcased at select locations, ensuring a varied experience tailored to each show. Attendees will have the opportunity to see, test, and buy these newly added models in Vision Marine’s product lineup, with purchase inquiries available at all locations, even if specific boat models vary by show.

Boisbriand, Quebec, Canada – January 10, 2025 – Vision Marine Technologies Inc. (“Vision Marine”) (NASDAQ: VMAR), a leader in electric marine propulsion systems, is pleased to announce the successful completion of an at-the-market (“ATM”) offering, raising gross proceeds of approximately US$11.75 million and net proceeds of approximately US$11.2 million. We intend to use the net proceeds from the offering for general corporate purposes, including strategic acquisitions aimed at expanding our market presence and enhancing our technological capabilities.

Montreal, Canada – December 8, 2024 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for eco-friendly, regulation-compliant, and competitively priced boating solutions for North America’s vast network of lakes.

Montreal, Canada – December 8, 2024 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for eco-friendly, regulation-compliant, and competitively priced boating solutions for North America’s vast network of lakes.

Montreal, Canada – December 1, 2024 – Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a pioneer in electric marine propulsion, has entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (Nasdaq: MAMO). This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets. As part of Vision Marine’s strategic shift to offer complete electric boats directly to consumers, this partnership represents a key step in rapidly delivering high-quality electric marine products to market.

Montreal, Canada – November 20, 2024 – Vision Marine Technologies Inc. (Nasdaq: VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida. Vision Marine will be on-site showcasing two Fantail 217 electric boats and Groupe Beneteau’s Four Winns H2e Bowrider which was recently acclaimed as “Bowrider of the Year” by Boating Magazine. These boats are available for purchase on Vision Electric Boat’s website at visionelectricboats.com.

Montreal, Canada – November 18, 2024 – Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine’s high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack. We believe the powerpack will merge cutting-edge technology and exceptional craftsmanship into a transformative product for the marine industry.