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Following ATM completion, Vision Marine reports approximately US$9.5 million in unrestricted consolidated cash; pending real estate transactions, if completed, are expected to generate approximately US$5.58 million in estimated net equity proceeds. BOISBRIAND, QC, and FORT LAUDERDALE, Fla.

First nine months of fiscal 2026 generated $48.6 million in revenue, $11.8 million in gross profit at a 24.3% margin and $2.4 million in cash from operating activities. BOISBRIAND, QC and FORT LAUDERDALE, Fla.

STRATEGIC REAL ESTATE MONETIZATION / OPERATIONAL OPTIMIZATION Strategic real-estate monetization follows the completed consolidation of key office, retail, marina, service, rigging and delivery functions into Vision Marine's integrated Dania Beach and Fort Lauderdale waterfront operating platform. FORT LAUDERDALE, Fla.

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.

OPERATIONAL OPTIMIZATION / REAL ESTATE UPDATE The transition, completed in May 2026, centralized tender preparation, rigging, logistics and delivery at Nautical Ventures' waterfront marina operating hub in Fort Lauderdale. FORT LAUDERDALE, Fla.