Vow ASA - Share Issue/Capital Change 2022

Vow ASA: New share capital registered

Reference is made to the stock exchange notice of 6 October 2022 regarding

exercised employee stock options. The 201 001 new shares have been registered,

and the share capital of Vow ASA is NOK 10 737 621,4385 consisting of

114 840 871 fully paid shares, each with a par value of NOK 0.09350.

For further queries, please contact:

Erik Magelssen - CFO Vow ASA

Tel: + 47 928 88 728

About Vow ASA

Vow and its subsidiaries Scanship, Etia and C.H. Evensen 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, biomass, plastics and

polymers into recycled advanced carbon materials, low carbon fuels, chemicals,

and climate neutral gas for industries to reduce their dependence on fossil

energy and petroleum products.

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.

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