Submission of Matters to a Vote of Security Holders.

On August 31, 2023, Vision Marine Technologies Inc. (the "Company") convened its Annual General Meeting of Shareholders (the "Meeting").

Represented at the Meeting were 5,526,329 common shares of the Company, no par value (the "Common Shares"), or 52.42%, of the Company's 10,543,198 Common Shares entitled to vote at the Meeting. The final voting results for each matter submitted to a vote of shareholders at the Meeting are as follows:

1. Fixing the number of directors of the Company at six (6)

The shareholders approved the proposal as an ordinary resolution to fix the number of directors of the Company at six (6).

For Against Abstain Broker Non-Vote
4,171,367 19,834 3,629 1,331,499

2. Re-election of directors

The shareholders approved the proposal as an ordinary resolution to re-elect the following as directors to serve on the Board of Directors of the Company, to hold office until the next annual meeting of shareholders and until his or her respective successor is elected and duly qualified.

Director's Name For Withheld Broker Non-Vote
Steve P. Barrenechea 4,082,332 112,498 1,331,499
Patrick Bobby 4,173,333 21,497 1,331,499
Luisa Ingargiola 4,153,094 41,736 1,331,499
Alexandre Mongeon 4,173,267 21,563 1,331,499
Carter Murray 4,173,455 21,375 1,331,499
Mario Saucier 4,173,355 21,475 1,331,499

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Vision Marine Technologies Inc. published this content on 01 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2023 20:06:31 UTC.