Mr. Maxime Poudrier reports

VISION MARINE TECHNOLOGIES RECEIVES FIRST OCTILLION POWER SYSTEMS SAMPLE PACKS, ADVANCING E-MOTION MARKET OFFERING

Vision Marine Technologies Inc. has received the first two physical battery packs built from a refined high-voltage design developed with Octillion Power Systems Inc. of California for integration into Vision Marine's E-Motion electric marine propulsion platform.

"We are pleased to continue advancing this work with Octillion," commented Maxime Poudrier, chief operating officer at Vision Marine. "Their engineering capabilities and production experience, particularly proven in the marine space, are important to our platform strategy. This battery advancement supports our objective of making high-voltage electric propulsion more adaptable for manufacturers, more practical for consumers and commercial operators, and better aligned with the real-world demands of boating applications."

The receipt of these first two packs marks a concrete integration milestone for the updated battery design and enables Vision Marine to begin the next stage of physical validation within its E-Motion architecture. This refined battery design provides approximately 7.5-per-cent more energy capacity per pack within a similar volumetric footprint compared with the company's prior battery configuration. Output capability, vessel-level performance, charging compatibility and integration parameters remain subject to the company's continuing validation process.

These performance and structural benchmarks are advancing with electrochemistry, advanced thermal management and domestic manufacturing footprint, supporting continued development of the refined E-Motion platform. Octillion brings a proven pedigree of engineering safe, high-voltage battery architectures deployed across demanding mobility environments worldwide. Through this technical collaboration, Vision Marine's E-Motion platform can thrive amidst the intense mechanical vibrations, radical thermal swings and moisture infiltration unique to challenging maritime operations.

Vision Marine believes this advancement may support more flexible electric propulsion configurations across a broader range of recreational boat models. Depending on vessel requirements, the architecture may also support single-pack applications for smaller boats, while also improving energy density from one- to three-pack configurations by providing more kWh (kilowatt-hour) capacity within a similar weight and packaging profile.

"This is an important technology advancement with direct market application," continued Mr. Poudrier. "Receiving the first two sample packs built from this refined design allows us to move into the next stage of integration validation. By increasing capacity and output within a similar footprint, this battery design may allow us to address a broader range of recreational and commercial boat models, from smaller platforms to multipack configurations requiring greater total energy capacity. For manufacturers, it will provide greater flexibility to evaluate E-Motion where space, weight, performance and price positioning are critical."

The next stage of integration and validation is expected to include mechanical fitment, electrical communication testing, discharge validation, thermal review, charging compatibility assessment and vessel-level integration work within the E-Motion architecture.

Vision Marine believes the new battery design supports its broader strategy of developing a scalable electric propulsion platform that can serve multiple recreational boating categories. Through its E-Motion technology, OEM (original equipment manufacturer) relationships, integration expertise, and Nautical Ventures retail and service platform, Vision Marine continues to build the technical and commercial infrastructure intended to support broader electric boating adoption.

About Vision Marine Technologies Inc.

Vision Marine Technologies is a marine technology and recreational boating company focused on high-voltage electric marine propulsion, multibrand boat retail, service and consumer on-water experiences. Through its proprietary E-Motion electric propulsion technology and Nautical Ventures retail and service platform, Vision Marine is building a vertically integrated marine platform designed to support the transition toward higher performance electric boating while continuing to serve the broader recreational marine market across both electric and internal combustion engine segments.

Vision Marine's E-Motion technology has been integrated across multiple boat platforms and is supported by marine-specific engineering, an expanding intellectual property portfolio and real-world validation. Through Nautical Ventures, the company has direct consumer access, service operations, financing and insurance capabilities, marina assets, and established relationships across the recreational boating market.

About Octillion Power Systems Inc.

Octillion, headquartered in Richmond, Calif., is a Tier 1 supplier of advanced high-density energy storage systems focused on the electrification of cross-sector electric mobility -- spanning passenger vehicles, commercial trucks, transit buses, marine craft and heavy industrial machinery. With nine global manufacturing facilities, Octillion has delivered more than 2.6 million batteries to the global EV (electric vehicle) market, over 39 billion kilometres driven on its systems and 16.55 GWh (gigawatt-hours) of delivered energy in 2024. Octillion is a turnkey battery supplier for the transportation market providing its customers with a bridge from design to mass-scale manufacturing. Octillion products undergo a robust design process, including extensive thermal modelling, fully integrated battery management systems and a standardized production process that offers a customized-package solution.

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