Contract of EUR 27 million awarded for equipment deliveries to four newbuilds

Vow ASA and its subsidiary Scanship have received a purchase order from a major Europeanshipyard of EUR 27 million. This order covers equipment for four newbuild Cruise vessels. The vessels are a continuation of an existing platform.

Equipment deliveries have been agreed for four confirmed vessels under thecontract. Deliveries will start in April 2027 for the first vessel and continuefor sister vessels throughout 2029. The first vessel is scheduled to enteroperation by mid of 2029, and the last one in 2031. Vessel number three and fourare subject to cancellation rights valid until 30.09.2026.

“Through this contract, we continue our long-standing cooperationwith the shipyard and the cruise line. The vessels will be fully equippedwith Scanship systems, reinforcing our joint commitment to reliable andsustainable solutions,” 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 finally 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 pursuantto section 5-12 of the Norwegian Securities Trading Act. This stock exchangenotice was published by Cecilie Brænd Hekneby, CFO, on the date and time as setout in the 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 tyres can be converted into clean energy, low carbon fuels and renewablecarbon that replace natural gas, petroleum products and fossil carbon. Thesolutions are scalable, standardised, patented, and thoroughly documented, andthe company’s capability to deliver is well proven.

The company is a cruise market leader in wastewater purificationand valorisation 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).