Mr. Alexandre Mongeon reports

VISION MARINE TECHNOLOGIES TO COMMENCE TRADING ON TSX VENTURE EXCHANGE

Vision Marine Technologies Inc.'s common shares will commence trading on the TSX Venture Exchange under the symbol VMAR on May 1, 2026.

The company's shares will continue to trade on the Nasdaq Capital Market under the symbol VMAR, which remains Vision Marine's primary listing.

The TSX-V listing is intended to complement Vision Marine's existing Nasdaq presence by expanding access to Canadian investors and institutions, while supporting the company's broader capital markets and growth strategy.

"We are pleased to begin trading on the TSX Venture Exchange, marking an important step in expanding Vision Marine's capital markets platform," said Alexandre Mongeon, chief executive officer and co-founder of Vision Marine. "This listing strengthens our visibility within the Canadian investment community while we continue to execute on our strategy to scale operations and broaden our market reach."

As a Canadian-founded company headquartered in Quebec, Vision Marine believes that its dual listing enhances alignment with both U.S. and Canadian investors, supporting its position as a North American marine technology company.

Vision Marine continues to execute on its integrated business model, combining high-voltage electric propulsion technology with a growing retail and service network following its acquisition of Nautical Ventures Group Inc. The company believes that broadening its investor base supports this next phase of operational and commercial expansion.

At-the-market (ATM) equity program

The company has an at-the-market equity program in place pursuant to its effective shelf registration statement on Form F-3. As of the date hereof, the company has issued an aggregate of 1,055,333 common shares under the ATM program at a weighted average price of $1.95 (U.S.) per share, for gross proceeds of $2,060,250.32 (U.S.) and net proceeds of $1,961,759.81 (U.S.), after deducting placement agent commissions and transaction costs of $98,490.51 (U.S.). The ATM program remains subject to applicable regulatory requirements and market conditions. The ATM program is being conducted pursuant to a prospectus supplement to the company's effective shelf registration statement on Form F-3 providing for aggregate gross proceeds of up to $16,335,000 (U.S.). The company will continue to disclose ATM activity in accordance with TSX Venture Exchange Policy 4.2 and applicable securities laws.

About Vision Marine Technologies Inc.

Vision Marine is a marine technology company and retail group delivering premium boating experiences across internal combustion and electric segments. Through its proprietary E-Motion high-voltage propulsion platform and its Nautical Ventures retail network, Vision Marine delivers integrated solutions spanning propulsion, retail, service and on-water consumer engagement.

We seek Safe Harbor.