Vow ASA - Major Shareholding Notification 2021

Vow ASA : Mandatory notification of trade by primary insider and close associates

Ingerø Reiten Investment Company AS («IRIC»), a related party of chairman Narve

Reiten and board member Bård Brath Ingerø of Vow ASA has today settled the

company's forward contract with Sparebank1 Markets by acquiring 5 328 178 shares

in Vow ASA. The new shareholding is 31 145 000 shares, 27.26 % of the total

outstanding shares (including 5 million shares issued by the board on March 23).

In addition, IRIC has pledged 20 million Vow ASA shares in favor of DnB in

connection with a new loan facility.

Please refer to the attached notifications of trading for further details.

For further queries, please contact:

Vow ASA

Erik Magelssen - CFO

Tel: + 47 928 88 728

About Vow ASA

In Vow and our subsidiaries Scanship and Etia we are passionate about preventing

pollution. Our world leading solutions convert biomass and waste into valuable

resources and generate clean and CO2 neutral 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.

Our ambitions go further than this. With our advanced technologies and

solutions, we turn waste into biogenetic fuels to help decarbonize industry and

convert plastic waste into fuel, clean energy and high-value pyro carbon. Our

solutions are scalable, standardized, patented and thoroughly documented, and

our 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 from 13 January 2020).

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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