Mr. Alexandre Mongeon reports

VISION MARINE TECHNOLOGIES CONTINUES DEVELOPMENT OF REFINED P POWERPACK FOR PONTOON APPLICATIONS

Vision Marine Technologies Inc. is continuing development of a refined version of its P PowerPack, a compact and modular E-Motion propulsion package designed for pontoon applications.

The P PowerPack was originally developed to support integration of Vision Marine's E-Motion high-voltage propulsion technology into pontoon platforms. The refined version is being developed with a more compact and modular configuration intended to support a wider range of pontoon layouts, including certain rear lounge and sun-pad configurations commonly used by manufacturers.

The refined configuration is being developed to support a more standardized installation approach, including simplified connection architecture, adaptable floor integration, improved service accessibility and flexible battery configurations depending on vessel size, range requirements, performance targets and manufacturer specifications. Final configuration, installation requirements, performance, cost and production suitability may vary depending on each manufacturer's platform, production process and technical requirements.

According to the National Marine Manufacturers Association's 2024 U.S. Recreational Boating Statistical Abstract Powerboat Sales Trends Report, the U.S. powerboat market recorded nearly 168,000 new unit sales in 2024, with pontoons representing more than one-third of the outboard product mix, making them the largest segment in the category.

Pontoon applications commonly include family oriented recreational use, short-distance cruising, waterfront communities, rental operations, sandbar activities, lake navigation and certain water sports use cases. Vision Marine is continuing to refine the P PowerPack as part of its continuing E-Motion product-development efforts for pontoon applications and other recreational marine platforms.

"P PowerPack development is focused on making our E-Motion system more adaptable for pontoon applications while maintaining a practical approach to installation, service access, and battery configuration," said Maxime Poudrier, chief operating officer of Vision Marine. "As with any product-development initiative, manufacturer-specific requirements, validation work, production planning, supply-chain availability, cost considerations and market adoption will remain important factors as we continue to refine the system."

The advancement of the P PowerPack is part of Vision Marine's broader E-Motion product-development road map. The company continues to develop electric propulsion solutions that may be used in manufacturer programs and in Vision Marine's own product integrations, subject to technical validation, market demand, manufacturing readiness, and other commercial and operational factors.

About Vision Marine Technologies Inc.

Vision Marine Technologies is a marine technology and recreational boating company focused on delivering premium on-water experiences across electric and internal combustion engine segments. The company designs and commercializes high-voltage electric propulsion systems under its E-Motion platform and operates a multibrand retail, service and marina platform through Nautical Ventures Group. Vision Marine's strategy combines proprietary marine technology, direct consumer access, service capabilities and retail execution to support the continued evolution of recreational boating.

We seek Safe Harbor.