NEWS

The Vow subsidiary, Scanship AS, is headquartered in Tønsberg. On the Tønsberg awards (“Tønsbergprisen”) on 21 May 2022, Scanship received a sustainability prize for its progress on environmental, social, and economic sustainability. The event was organised by the trade association in the city of Tønsberg, Tønsbergs næringsforening, together with the reputation and city development company, Tønsberglivet. Scanship appreciates the support from the local community in Tønsberg, where Scanship has been present for over thirty years.

For more information, please contact

Maria Kringlen Halvorsen, Sustainability Director, Vow ASA Tel: +47 938 42 689 Email: maria.halvorsen@vowasa.com

Henrik Badin, CEO, Vow ASA Tel: + 47 90 78 98 25 Email: henrik.badin@vowasa.com

About Vow

Vow and its subsidiaries Scanship, C.H. Evensen and Etia are passionate about preventing pollution. The company's world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Cruise ships on every ocean have Vow technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.

With advanced technologies and solutions, Vow turns waste into biogenetic fuels to help decarbonise industry and convert plastic waste into fuel, clean energy, and high-value pyro carbon. The solutions are scalable, standardised, patented and thoroughly documented, and the company's capability to deliver is well proven. They are key to end waste and stop pollution.

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

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.