Vision Marine Technologies Completes Tender-Showroom Transition to Dania Beach Waterfront Location and Announces Pending Sale of 1440 S. Federal Property

About this update from Vision Marine Technologies Inc.

OPERATIONAL OPTIMIZATION / REAL ESTATE UPDATE Completed operating transition centralizes customer-facing tender display and sales at Nautical Ventures' Dania Beach waterfront location, supported by rigging, service, logistics and delivery capabilities at Nautical Ventures' Marina in Fort Lauderdale. FORT LAUDERDALE, Fla. and BOISBRIAND, QC, July 8, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a marine technology and recreational boating company combining proprietary propulsion technology with direct consumer access through its Nautical Ventures retail, service and marina platform, today announced the completion of the transition of tender-showroom and customer-facing sales activities from the 1440 S. Federal property in Fort Lauderdale to Nautical Ventures' Dania Beach location at 50 South Bryan Road, together with the pending sale of the 1440 S. Federal property. The Dania Beach location opened in June 2026 as Nautical Ventures' new South Florida waterfront retail and on-water experience location, replacing the previous Federal Highway showroom. Tender display, product presentation and customer-facing sales activities have since transitioned to Dania Beach, which provides direct waterfront access and a dedicated retail environment for customers to explore Nautical Ventures' tender offering. Yacht tenders are a longstanding component of Nautical Ventures' broader boating platform. The completed transition establishes a coordinated operating model in which Dania Beach serves as the customer-facing location for tender display, sales and on-water engagement, while Nautical Ventures' Marina in Fort Lauderdale supports tender rigging, service, parts, logistics and delivery activities within its waterfront operating infrastructure. By separating customer-facing tender activity from the operational functions required to prepare and deliver tenders, Vision Marine has aligned sales, demonstrations and customer engagement at its Dania Beach waterfront showroom with rigging, service, logistics and delivery activities at Nautical Ventures' Marina in Fort Lauderdale. This structure is intended to support a more focused customer experience while consolidating the operational functions required to prepare, support and deliver tender products. With the operational transition complete, the 1440 S. Fed...

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