M Vest Water has been awarded a contract for treatment of PFAS at Bergen Airport

04 Apr 2023 11:00 CEST

Bergen, Norway, April 4, 2023 – M Vest Water (EURONEXT: MVW) announced today
that they have been awarded a contract for treatment of PFAS-contaminated water
at Bergen Airport.

M Vest Water has been chosen as the preferred supplier of water treatment where
MVW's technology will be applied for removal of PFAS in contaminated groundwater
at Bergen Airport. Løvaas Maskin AS is the main contractor, where M Vest Water
delivers a mobile water treatment plant that will be operated over a period of 2
months in Q2 2023. M Vest Waters' patented Norwapol® technology is used in the
project for PFAS removal.

This is a result of research and development at MVW's state-of-the-art
laboratory in Bergen. PFAS, often called “forever chemicals”, take thousands of
years to degrade and can result in long-term health impacts for humans and
damage to ecosystems. For MVW, contributing to the removal of PFAS is important
and meaningful work. Tackling the global issue of PFAS is now central to many
environmental initiatives and has become a major market within water treatment.

Read more at www.mvestwater.com/news.


For more information, please contact:

Stein Giljarhus, CEO
stein.giljarhus@mvestwater.com
+47 90 54 08 32

Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70

About M Vest Water AS:
M Vest Water is an environmental technology company which has developed unique
products and solutions to the water treatment industry, both Industrial as well
as the Municipal markets. The products are non-toxic, biodegradable and without
any harm to the environment. It obtains the highest degree of purification in a
cost-efficient arrangement.

M Vest Water is listed on Euronext Growth under the ticker MVW. For more
information, visit www.mvestwater.com.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

More information:
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