Vision Marine Technologies and Four Winns set to conquer the electric recreational boat market

Vision Marine Technologies and Four Winns set to conquer the electric recreational boat market in Europe and North America © Vision Marine Technologies

Support for Groupe Beneteau at the Dusseldorf International Boat Show and Participation in Blue Innovation Dock 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.

The partnership between these two industry leaders represents a major step forward in the development of sustainable and high-performance electric boats. The combination of Four Winns' renowned boat design and Vision Marine cutting-edge technology results in a truly innovative and unparalleled product.

The H2e Bowrider is a game-changer for recreational boating, offering a quiet and emission-free boating experience, while still delivering the power and speed that boaters crave. The E-Motion™ 180 HP fully electric powertrain provides smooth and instant torque, allowing for a thrilling and responsive ride. The public and the boating industry can look forward to a revolutionary new era of sustainable and high- performance boating with the H2e Bowrider and the partnership between Vision Marine and Four Winns.

Vision Marine will be supporting and participating alongside Four Winns and Beneteau at the prestigious Düsseldorf International Boat Show, to be held January 21 - 29 2023. This is the world's largest water sports trade fair and one of the most important hubs for exchange of the industry.

"This is an incredible opportunity for Vision Marine to participate alongside Beneteau to showcase our technology and expand into the European market. We are thrilled to be supporting and partnering with Four Winns and Beneteau to bring the H2e Bowrider to the market. This is a truly exciting and innovative product, and we are confident that it will revolutionize the recreational boating market," stated Alex Mongeon, co-founder & CEO of Vision Marine.

This partnership demonstrates Vision Marine's and Beneteau's commitment to sustainable high- performance boating and positions the partnership as a leader in the industry.

The H2e Bowrider is just the beginning of what we expect will be a long-term collaboration, as both companies are currently working on developing new electric powertrain solutions for other recreational boats, within the Beneteau's brand portfolio.

For more information on the H2e Bowrider and to place an order for the boat, please visit the following website, www.fourwinns.com/fourwinns-h2e.