Contract of EUR 13.8 million awarded for equipment deliveries to four cruise newbuilds, additional six options to be called upon

Vow ASA (ticker OSE: VOW) and its subsidiary Scanshiphave received a purchase order from a major European shipyard of EUR 13.8million. Equipment deliveries will start in July 2026 for the first vessel andcontinue throughout 2028.

This order, which is a continuation of series of vessels with existing platformsand two vessel deliveries expected per year, will have its first vessel inoperation at the end of 2028. Deliveries of equipment to four firm vessels areagreed. Under the agreement, the customer retains an option to order similarequipment for another six vessels at a later stage with equipment deliveriesstretching to 2032. The six options have a total value of EUR 22 million.

“Through this contract, we continue our long-standing cooperation with theshipyard and the cruise line. The vessels will be fully equipped with Scanshipsystems, reinforcing our joint commitment to reliable and sustainablesolutions,” says Gunnar Pedersen, CEO of Vow ASA.

With Scanship technology onboard, all wastewater on the ships will be purifiedaccording to the requirements in the Baltic Sea and Alaskan State waters, whichare to date the highest standards at sea. All residue sludge from thewastewater, along with food waste and other biogenic waste from hoteloperations, will undergo several processing steps such as dewatering,homogenization, drying, and incineration.

The waste management system further enhances the abord circular economy,recovering valuable commodities such as glass and aluminum for landing.

Scanship’s integrated clean ship solutions are designed to ensure compliancewith all maritime environmental requirements, reducing greenhouse gas emissions,recovering important resources from waste, and preventing pollution.

For more information, please contact:

Gunnar Pedersen, CEO, Vow ASA

Tel: +47 916 30 304

Email: gunnar.pedersen@vowasa.com

Cecilie Brænd Hekneby, CFO, Vow ASA

Tel: +47 992 93 826

Email: cecilie.hekneby@vowasa.com

This information is considered to be inside information pursuant to the EUMarket Abuse Regulation and subject to the disclosure requirements pursuant tosection 5-12 of the Norwegian Securities Trading Act. This stock exchange noticewas published by Cecilie Brænd Hekneby, CFO, on the date and time as set out inthe release.

About Vow

Vow and its subsidiaries Scanship, C.H. Evensen and Etia are passionate aboutpreventing pollution. The company’s world leading solutions convert biomass andwaste into valuable resources and generate clean energy for a wide range ofindustries.

Advanced technologies and solutions from Vow enable industry decarbonisation andmaterial recovery. Biomass, sewage sludge, plastic waste and end-of-life tyrescan be converted into clean energy, low carbon fuels and renewable carbon thatreplace natural gas, petroleum products and fossil carbon. The solutions arescalable, standardised, patented, and thoroughly documented, and the company’scapability to deliver is well proven.

The company is a cruise market leader in wastewater purification andvalorisation of waste. It provides technology and solutions which enableindustries to transition towards a fossil-free future by converting biomass andwaste into valuable resources and clean energy. The company also has strongniche positions in food safety and robotics, and in heat-intensive industrieswith a strong decarbonising agenda.

Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange(ticker VOW).