Contract of EUR 7,2 million awarded for equipment deliveries to two newbuild cruise vessels

Vow ASA (ticker OSE: VOW) and its subsidiary Scanship havereceived purchase orders from a major European shipyard of EUR 7.2 million fortwo vessels, previously mentioned as options in press release dated 26.11.2025.

This order is now firm with the first equipment deliveries expected in July 2028and January 2029. The vessels are scheduled to enter operation towards end of2030 and end of 2031.

“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 finally incineration or shore delivery. The wastemanagement system further enhances the abord circular economy, recoveringvaluable commodities such as glass and aluminum for landing. Scanship’sintegrated clean ship solutions are designed to ensure compliance with allmaritime environmental requirements, reducing greenhouse gas emissions,recovering important resources from waste, and preventing pollution.

For more information, please contact:Gunnar Pedersen, CEO, Vow ASATel: +47 916 30 304Email: gunnar.pedersen@vowasa.com

Cecilie Brænd Hekneby, CFO, Vow ASATel: +47 992 93 826Email: 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 (the “Group” or the “Company”) and its subsidiaries Scanship, C. H. EvensenIndustriovner and Etia are passionate about preventing pollution. The companydelivers products and services to the maritime industry and develops andcommercializes technologies within waste management and the conversion of wasteinto high-value products and energy. Vow operates through three business units:Maritime Solutions, Aftersales, and Industrial Solutions, and is a cruise marketleader in wastewater purification and valorization of waste. Its advancedtechnologies and solutions enable industrial decarbonization and circularresource utilization. Waste streams such as biomass and end-of-life tires areconverted into clean energy, biocarbon and low-carbon fuels that replacefossil-based alternatives in industrial processes. The solutions are modular,scalable, standardized, patented, and thoroughly documented, enabling efficientdeployment across projects and markets. The company’s capability to deliver iswell proven, supported by a structured development model from pilot tofull-scale operations. Vow holds strong niche positions in food safety andheat-intensive industries with ambitious decarbonization agendas. Located inOslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker:VOW)