Vow ASA — Regulatory Filings 2021

Sep 3, 2021

Vow ASA : Vow provides robotic AI technology for French leader in recycling

Vow ASA : Vow provides robotic AI technology for French leader in recycling

Vow ASA (OSE: VOW) has through its subsidiary ETIA, been awarded an order to

provide a robotic sorting system powered by artificial intelligence (AI) to the

French leader in recycling, PAPREC and Bianna Recycling. The order is valued at

EUR 0.3 million.

"This important achievement by our ETIA team is a breakthrough for our landbased

robotic technology for waste sorting, and an important move towards building a

circular economy for valorisation of waste in France," says Henrik Badin, CEO

VOW ASA.

Bianna Recycling is the engineering, procurement, and construction contractor

for Paprec's recycling plant La Courneuve in the North of France. The AI powered

robot will be sorting demolition material, mainly wood and concrete.

The unit named Ascodero Intelligent Robotic Sorting System (AIRSS), will detect

and sort 1000 units/hr of wood and concrete waste in a stream of 1400 kg/h of

various material.

The market for waste sorting of construction and demolition material in France

is large. In 2020, a total of 42 million tonnes of building waste was collected

in 2020.

Paprec, plays an essential role in total waste management throughout France and

Switzerland, with over 16 million tonnes collected and 280 sites.

For more information, please contact

Henrik Badin, CEO, Vow ASA

Tel: + 47 90 78 98 25

Email: henrik.badin@vowasa.com

Erik Magelssen, CFO, Vow ASA

Tel: +47 928 88 728

Email: erik.magelssen@vowasa.com

About Vow

Vow and its subsidiaries Scanship 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).