Mr. Alexandre Mongeon reports

VISION MARINE TECHNOLOGIES RECEIVES USPTO NOTICE OF ALLOWANCE FOR ELECTRIC-VESSEL POWERTRAIN AUTHENTICATION TECHNOLOGY

Vision Marine Technologies Inc. has received a notice of allowance from the United States Patent and Trademark Office (USPTO) for its United States patent application titled, "Authentication of One or More Powertrain Components of an Electric Vessel."

The notice of allowance indicates that the USPTO has examined the application and determined that it is allowable. The application is among the earlier patent applications in Vision Marine's portfolio to receive a notice of allowance and represents progress in the company's intellectual-property program for high-voltage electric marine propulsion.

The allowed application relates to the authentication of one or more components within an electric-vessel powertrain. A high-voltage marine propulsion system brings together the propulsion motor, power electronics, battery systems, power-distribution equipment, vessel controls and related electronic components. The application addresses component authentication within that integrated operating environment.

"This notice of allowance is an important development in Vision Marine's work to build intellectual-property protection around the E-Motion platform," said Alexandre Mongeon, chief executive officer of Vision Marine. "Our high-voltage marine propulsion technology is built as an integrated system, combining electric propulsion, energy storage, power electronics and control systems. This allowed application relates to an element of that system architecture as we continue to develop E-Motion for boat manufacturers and support it through our retail, service, and marina platform."

"Component authentication is relevant to electronically controlled high-voltage propulsion systems," said Daniel Rathe, chief technology officer of Vision Marine. "This application addresses how participating components are authenticated within an electric vessel and complements our development work across battery systems, power distribution, controls, cooling and vessel integration."

Vision Marine's intellectual property portfolio also includes issued U.S. patents and multiple additional U.S. patent applications pending. The pending applications relate to elements of high-voltage electric marine propulsion, including battery architecture, power distribution, propulsion controls, cooling systems, mechanical integration, communications and vessel-level operating systems.

For investors, the notice of allowance marks a clear progression beyond a patent filing: the application has been examined and found allowable by the USPTO. Any U.S. patent that issues from the application will provide protection defined by the claims granted by the USPTO.

About Vision Marine Technologies Inc.

Vision Marine Technologies is a marine technology company developing proprietary electric propulsion systems and operating a vertically integrated marine platform spanning technology development, OEM (original equipment manufacturer) integration, retail, service, marina operations and customer access. Through its E-Motion technology and ownership of Nautical Ventures, Vision Marine participates across both electric and traditional boating segments.

We seek Safe Harbor.