Vision Marine Technologies Announces Transaction Involving the Proposed Sale of Fort Lauderdale Property for up to US$10.0 Million as it Centralizes Retail Operations at its Anglers Marina

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.