Press Releases

Vision Marine names Carter Murray as Chairman
Montreal, Canada — April 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 appointment of Carter Murray as Chairman of the Company’s board of directors.

Vision Marine Technologies Officially Announces Opening of Second Electric Boat Rental Operation in Portside Ventura, California
Montreal, Canada, March 2, 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 proud to announce the opening of its second electric boat rental
operation in Portside Ventura, California. The operations will be located at 1196 Portside Drive
Ventura and is planned to open on April 1st, 2023.

Vision Marine Technologies to Attend the 35 th Annual ROTH Capital Investor Conference in Dana Point, California, March 12-14, 2023
Montreal, Canada, February 28, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), a global leader and innovator within the performance electric recreational
boating industry, today announced that it will be participating at the 35 th Annual ROTH Capital Investor
Conference being held at The Ritz Carlton, Laguna Niguel in Dana Point, California, March 12-14, 2023.

Vision Marine Technologies and Four Winns Set to Showcase the H2e Electric Bowrider at the Miami International Boat Show
Montreal, Canada, February 6, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR)
("Vision Marine" or the "Company"), a global leader and innovator within the performance
electric recreational boating industry, and Four Winns, a division of Groupe Beneteau (BEN-
Euronext) ("Beneteau"), a renowned manufacturer of recreational boats, are proud to announce
their participation at the Miami International Boat Show from February 15-19, 2023.

Vision Marine Technologies Inc. Announces Closing of Registered Direct Offering
Montreal, Canada, January 27, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine”
or the “Company”), a global leader and innovator within the performance electric recreational boating
industry, a global leader and innovator within the performance electric recreational boating industry, today
announced the closing of its registered direct offering with certain investors for the issuance and sale of
554,253 of its common shares at a price of $4.21 per share, for gross proceeds of approximately $2.3
million.

Vision Marine Technologies Inc. to raise approximately $7.3 million
Montreal, Canada, January 20, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR)
(“Vision Marine” or the “Company”), a global leader and innovator within the performance electric
recreational boating industry, today announced that it has entered into a definitive agreement with certain
investors for the issuance and sale of 1,741,901 of its common shares (or common share equivalents) for
a price of $4.21 per share, for gross proceeds of approximately $7.3 million, in a registered direct
offering.

Vision Marine Technologies and Four Winns set to Conquer the Electric Recreational Boat Market in Europe and North America
Montreal, Canada, January 17, 2023 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), the global leader and innovator within the performance electric
recreational boating industry, is joining forces with Four Winns, a division of Groupe Beneteau (BEN-
Euronext), to revolutionize the recreational boating market with their new H2e Bowrider, equipped with
Vision Marine’s E-Motion™ 180 HP fully electric powertrain and motor.

Vision Marine Technologies Receives Initial E-Motion™ Propulsion System Purchase Order from Groupe Beneteau
Montreal, Canada, December 15, 2022 – Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), the global leader and innovator within the performance electric
recreational boating industry, has received an initial purchase order from Groupe Beneteau (BEN-
Euronext) (“Beneteau”) of 25 E-Motion™ 180E outboard and powertrain systems. In addition, at the
beginning of each month, Beneteau will provide Vision Marine a quarterly rolling forecast, which shall
include additional quantities through a purchase order for the outboard and powertrain systems.

Vision Marine’s E-Motion™ Electric Propulsion System to be Rolled Out Across Groupe Beneteau Brand Portfolio Per Strategic Master Supplier Agreement
Montreal, Canada, December 13, 2022 – Vision Marine Technologies (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), the global leader and innovator within the performance electric
recreational boating industry, is pleased to announce we have entered into a formal Supplier Agreement with Groupe Beneteau (BEN-Euronext) (“Beneteau”).

Vision Marines Technologies, The New H2e, The Finer Side of Electric Boating Offered by Four Winns
Montreal, Canada, December 02, 2022 – Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), the global leader and innovator within the performance electric
recreational boating industry, is pleased to provide the following press release issued by Four Winns, a
division of Groupe Beneteau (BEN-Euronext).