Vision Marine Technologies Renews and Expands Floor Plan Credit Facility to Support Inventory Deployment Across Nautical Ventures Platform

Vision Marine Technologies Renews and Expands Floor Plan Credit Facility to Support Inventory Deployment Across Nautical Ventures Platform

Retail Execution / Financing Infrastructure

FORT LAUDERDALE, Fla., May 6, 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, today announced that, through its wholly owned subsidiary, Nautical Ventures Group Inc. ("Nautical Ventures"), it has entered into a renewed and expanded Floorplan Loan and Security Agreement providing up to US$4.0 million in revolving inventory financing capacity with Centennial Bank, through its Shore Premier Finance division.

The facility provides a structured inventory financing framework designed to support the Company's ongoing Commercial Execution Plan, enabling the positioning of inventory in alignment with demand across its Florida-based retail operations. The revolving structure allows for financing of new, pre-sold and other eligible inventory while maintaining a disciplined approach to liquidity and capital allocation.

The agreement builds on an existing lending relationship and includes a customary collateral structure secured by inventory and related assets.

This development follows recent operational initiatives across the Nautical Ventures platform, during which the Company focused on reducing financing exposure and streamlining inventory with the objective of improving capital efficiency. These actions were undertaken to align operations with market conditions and to support more disciplined execution.

With these measures in place, Vision Marine is entering the next phase of its execution strategy, focused on deploying inventory in alignment with demand signals to support improved sales conversion, turnover, and operating efficiency across its platform.

"Shore Premier Finance is pleased to support this credit facility," said Scott Walter, Senior Vice President of Shore Premier Finance. "Our team values this partnership with Vision Marine and Nautical Ventures and looks forward to supporting their continued growth."

"This facility supports the next phase of our execution," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "Following a period of operational alignment and balance sheet optimization, we are now focused on deploying inventory with greater precision across our network. Our objective is to improve turnover, support product availability in key categories, and align inventory with demand as we continue to execute on our platform strategy."