Activation Following Lake Berryessa Electric Boat Festival Title Sponsorship

About this update from Vision Marine Technologies Inc.

Market Activation / Brand Visibility As Title Sponsor, Vision Marine Technologies converted a high-visibility California electric boating event into direct product exposure, completing approximately 60 on-water demonstration rides across three featured electric boats. BOISBRIAND, QC, June 11, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform, today announced the successful completion of its market activation as Title Sponsor of the Lake Berryessa Electric Boat Festival, held June 5-6, 2026, at Pleasure Cove Marina in Napa, California. Produced by Sea Watts and hosted by Pleasure Cove Marina, the two-day event brought together vessel manufacturers, marina operators, utilities, policymakers, charging infrastructure providers, investors, workforce development organizations, technology companies and boating consumers. According to event organizers, the Electric Marine Leadership Summit convened more than 80 industry leaders, followed by hundreds of public attendees at the festival. Vision Marine used the event to put its electric boating portfolio directly on the water in a strategic California market. The Company showcased the Sterk 31E featuring dual E-Motion™ 180E propulsion systems, SPECTR 26 and Fantail 217. Based on Company estimates, Vision Marine completed approximately 60 on-water demonstration rides across its three featured boats. "The Lake Berryessa Electric Boat Festival demonstrated why direct market activation matters," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "Electric boating is an experience-driven category. Putting consumers, marina operators, industry participants, media and investors directly on the water gives them the clearest way to understand the performance, simplicity and appeal of the technology. For Vision Marine, approximately 60 demonstration rides across our featured boats represents a meaningful product exposure milestone in a strategic California market." The event also served as an industry working forum focused on practical requirements for electric boating adoption across consumer and commercial applications. Summit discussions included charging infrastructure, marina...

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