Oslo, 29 September 2026: Vow ASA ("Vow" or the "Company") continues its
constructive discussions with DNB regarding the refinancing of the loan
facilities maturing in August 2027. To ensure adequate time for completing the
process, the parties have agreed to undertake the refinancing in two phases. The
first phase has now been completed, resulting in an extension of the existing
loan facilities to 31 December 2027 and a waiver of certain covenant
requirements as of 30 September 2026. No other changes have been made to the
terms of the facilities. The second phase is expected to be completed during Q4
2026 and will address the longer-term financing structure and related amendments
to the financing agreements, including reviewing covenant structure.
For more information, please contact
Gunnar Pedersen, CEO, Vow ASA
Tel: +47 916 30 304
Email: gunnar.pedersen@vowasa.com
Cecilie Brænd Hekneby, CFO, Vow ASA
Tel: +47 992 93 826
Email: cecilie.hekneby@vowasa.com
About Vow ASA
Vow (the "Group" or the "Company") and its subsidiaries Scanship, C. H. Evensen
Industriovner and Etia are passionate about preventing pollution. The company
delivers products and services to the maritime industry and develops and
commercializes technologies within waste management and the conversion of waste
into high-value products and energy. Vow operates through three business units:
Maritime Solutions, Aftersales, and Industrial Solutions, and is a cruise market
leader in wastewater purification and valorization of waste. Its advanced
technologies and solutions enable industrial decarbonization and circular
resource utilization. Waste streams such as biomass and end-of-life tires are
converted into clean energy, biocarbon and low-carbon fuels that replace
fossil-based alternatives in industrial processes. The solutions are modular,
scalable, standardized, patented, and thoroughly documented, enabling efficient
deployment across projects and markets. The company's capability to deliver is
well proven, supported by a structured development model from pilot to
full-scale operations. Vow holds strong niche positions in food safety and
heat-intensive industries with ambitious decarbonization agendas.
Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange
(ticker VOW).
Vow ASA is listed on the Oslo Stock Exchange\
(ticker VOW).\