Real Estate Optimization / Operating Efficiency / Capital Allocation

FORT LAUDERDALE, Fla., May 12, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ:VMAR, TSXV:VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and recreational boating solutions through a vertically integrated multi-brand retail platform, today announced that a definitive agreement has been entered into by NVFL Holdings, LLC, an affiliate of the sellers in the Company's acquisition of Nautical Ventures Group Inc. ("Nautical Ventures"), for the sale of the property located at 1400 South Federal Highway in Fort Lauderdale, Florida, for total consideration of up to US$10.0 million. The transaction is expected to generate approximately US$5.0 million in non-dilutive liquidity to Vision Marine pursuant to its existing contractual rights and operating arrangements associated with the Nautical Ventures acquisition, while also reducing annualized operating costs by approximately US$1.2 million.

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