Mr. Alexandre Mongeon reports

VISION MARINE TECHNOLOGIES EXPANDS SOUTH FLORIDA CONSUMER FOOTPRINT WITH NEW DANIA BEACH MARINE TECHNOLOGY AND ON-WATER EXPERIENCE CENTER

Vision Marine Technologies Inc. has opened a new Nautical Ventures location at 50 South Bryan Rd. in Dania Beach, Fla.

The Dania Beach location replaces Nautical Ventures' previous Federal Highway showroom and will operate as a full-service Nautical Ventures dealership offering recreational boats, yacht tenders, watersports products, marine accessories, rentals and electric marine products. The facility strengthens the company's South Florida consumer footprint while expanding direct customer access to both traditional and electric boating experiences.

Strategically located near Dania Pointe and within minutes of Nautical Ventures' 115-slip marina operations on Anglers Avenue, the site is positioned to serve customers across Broward county and the broader South Florida corridor, with proximity to Fort Lauderdale-Hollywood International Airport, Port Everglades and Miami-Dade County.

The facility includes expanded indoor showroom capacity, outdoor display areas, waterfront access and approximately 15 dedicated slips intended to support sea trials, product activations, customer training, technology demonstrations, rentals and on-water events. The company plans to celebrate the official grand opening on Wednesday, June 17, 2026, from 5:30 p.m. to 8:30 p.m., with product displays, customer walkthroughs, watersports activations and opportunities to meet the Nautical Ventures team.

The showroom is expected to feature a broad selection of premium recreational boats, yacht tenders, watersports products, electric water toys and electric marine technologies, including Vision Marine's E-Motion propulsion offerings and complementary electric products.

The location will also serve as a hub for watersports activations, rentals and consumer engagement. Since the acquisition of Liquid Surf and Sail, Vision Marine has continued to expand its watersports activities and management expects the Dania Beach storefront to support further category growth and customer engagement across watersports, fibreglass boats and yacht tender categories.

"Water access is a critical advantage," said Jesse Cors, watersports division manager at Nautical Ventures. "Customers can experience products where they are intended to be used. Whether it is an electric water toy, a tender or a recreational boat, the ability to move from the showroom to a real-world on-water experience helps shorten the path between browsing and ownership."

The opening forms part of Vision Marine's broader execution strategy following the acquisition of Nautical Ventures. Through the integration of retail locations, marina infrastructure, marine services, financing solutions, watersports operations, service capabilities and electric propulsion technology, Vision Marine is building a direct consumer access platform designed to support customer engagement and long-term commercialization opportunities across traditional and electric marine categories.

"Nautical Ventures gives Vision Marine direct access to consumers in South Florida, one of the largest recreational boating markets in North America," said Alexandre Mongeon, chief executive officer of Vision Marine. "The Dania Beach location strengthens that access by combining retail, service connectivity, marina infrastructure and on-water demonstrations. This is the type of consumer-facing infrastructure we believe is important to support broader awareness of electric boating and the long-term commercialization of our E-Motion technology."

As Vision Marine continues executing its integrated retail and technology strategy, management believes infrastructure that combines direct market access, marina operations, service support and on-water demonstrations can play an important role in introducing consumers to electric propulsion technologies while supporting the company's broader recreational marine platform.

About Vision Marine Technologies Inc.

Vision Marine Technologies is a marine technology company focused on advancing high-voltage electric propulsion systems and premium recreational boating experiences. Through its E-Motion propulsion technology, product integrations and ownership of Nautical Ventures, Vision Marine is building an integrated platform that connects innovation, retail access, marine services and real-world customer deployment.

About Nautical Ventures

Nautical Ventures is a Florida-based recreational marine retail and service network owned by Vision Marine. With more than 15 years of operating history in South Florida, Nautical Ventures offers premium boats, yacht tenders, watersports products, electric water toys, marina services, financing, and customer support through its retail and marina locations.

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