Vow ASA - Share Issue/Capital Change 2020

Vow ASA : New share capital registered

Reference is made to stock exchange notice of 21 September 2020 regarding

exercised employee stock options. The 360 001 new shares have been issued, and

the share capital of Vow ASA is NOK 10 925 987, divided into 109 259 870 shares.

For further queries, please contact:

Erik Magelssen - CFO Vow ASA

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 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, Vow ASA is listed on the Oslo Stock Exchange (ticker VOW). In

2018 the Vow group had annual revenues of NOK 430 million and 120 employees in

Norway, France, Poland and the US.

This information is subject to the disclosure requirements pursuant to section

5-15 of the Norwegian Securities Trading Act.

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