Vision Marine Technologies Establishes Yamaha Floor Plan Program Across Nautical Ventures Network

MONTREAL, Feb. 17, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company") an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida-based dealership group, today announced that it has established a new floor plan financing program with Yamaha Motor Finance Corporation, U.S.A. ("Yamaha Financial Services") across its wholly owned marine dealership network, Nautical Ventures Group Inc. ("Nautical Ventures"). 

This program represents a significant operational milestone following Vision Marine's acquisition of Nautical Ventures in June 2025 and marks an important first step in rebuilding the financing infrastructure necessary to support the Company's continued execution on integrating financing, inventory management, and OEM relationships across its expanded retail platform.

The Yamaha Financial Services floor plan will enable Nautical Ventures to expand the availability of Yamaha-powered boats and products across its Florida dealership footprint, while enhancing the purchasing experience for customers through additional flexibility and financing options at the point of sale.

By strengthening access to one of the most widely adopted propulsion platforms in the marine industry, Vision Marine continues to broaden product choice across multiple boating segments and deliver a more streamlined and accessible retail offering.

"This initiative reflects tangible progress in the integration of Nautical Ventures following the acquisition," said Alexandre Mongeon, Chief Executive Officer of Vision Marine.
"Re-establishing key floor plan relationships is a critical foundation as we work to restore operational strength and profitability across the dealership network. Yamaha is an industry leader, and we are proud to expand this alignment across our locations." 

Yamaha Marine offers one of the most comprehensive outboard propulsion portfolios in the industry, with engines spanning approximately 2.5 horsepower to 450 horsepower. Its propulsion systems support a wide range of boating applications, from portable and leisure platforms to offshore and commercial vessels, backed by a global manufacturing, dealer, and service infrastructure developed over decades.

"This agreement marks an important first step in rebuilding Nautical Ventures' financing platform following the acquisition," said Raffi Sossoyan, Chief Financial Officer of Vision Marine. "Floor plan availability is critical to optimizing inventory turnover and margin."

We view this as the first of additional actions intended to support improved earnings and stronger cash flow generation going forward.

For Vision Marine, the establishment of this floor plan program reinforces its vertically integrated retail strategy while operating alongside established propulsion ecosystems. This alignment allows the Company to remain closely connected to prevailing industry standards, real-world usage, and evolving consumer expectations as marine propulsion technologies continue to advance.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology and retail group delivering premium boating experiences across internal combustion and electric segments. Through its E-Motion™ high-voltage propulsion platform and its Nautical Ventures retail network, Vision Marine delivers integrated solutions spanning propulsion, retail, service, and on-water consumer engagement.

About Yamaha Marine 

Yamaha Marine products are marketed throughout the United States and around the world. Yamaha Marine Engine Systems, based in Kennesaw, Ga., supports its 2,000 U.S. dealers and boat builders with marketing, training, and parts for Yamaha's full line of products and strives to be the industry leader in reliability, technology, and customer service. Yamaha Marine is the only outboard brand to have earned NMMA^®'s C.S.I. Customer Satisfaction Index award every year since its inception. Visit www.yamahaoutboards.com.

About Yamaha Financial Services 

Yamaha Motor Finance Corporation, U.S.A., dba Yamaha Financial Services, is an affiliate of Yamaha Motor Corporation, U.S.A. offering financing solutions to support Yamaha Dealers and loyal Yamaha Customers nationwide.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Canadian securities laws and within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. Forward-looking statements can often be identified by such words as "expects", "plans", "believes", "intends", "continue", "potential", "remains", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Vision Marine's Annual Report on Form 20-F, as amended, for the year ended August 31, 2025, and its periodic filings with the SEC and on SEDAR+ provide a detailed discussion of these risks and uncertainties. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the various securities commissions which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs, and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE Vision Marine Technologies, Inc