Vow ASA: Expected non-cash accounting impairment

27 Jan 2026 19:20 CET

Oslo, 27 January 2026: (OSE ticker: VOW) Following a reassessment of assumptions
applied in the impairment test for the Industrial Solutions segment and
reflecting a more cautious outlook on the timing of market adoption, management
in Vow ASA (the "Group" or the "Company") expects a non-cash accounting
impairment of intangible assets in the range of NOK 100-120 million.

Management continues to see significant long-term potential in the Industrial
Solutions markets; however, as with early-stage and emerging markets, visibility
on the pace of technology adoption remains limited.

The impairment will be accounted for in the financial statements for fourth
quarter 2025. The Group will publish its results for the fourth quarter and full
year 2025 on 25 February 2026, at 07:00 CET.


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


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act. This stock exchange notice
was published by Cecilie Brænd Hekneby, CFO, on the date and time as set out in
the release.


About Vow

Vow and its subsidiaries Scanship, C.H. Evensen and Etia 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. Advanced technologies and solutions from Vow enable industry
decarbonisation and material recovery. Biomass, sewage sludge, plastic waste and
end-of-life tyres can be converted into clean energy, low carbon fuels and
renewable carbon that replace natural gas, petroleum products and fossil carbon.
The solutions are scalable, standardised, patented, and thoroughly documented,
and the company's capability to deliver is well proven. The company is a cruise
market leader in wastewater purification and valorisation of waste. It provides
technology and solutions which enable industries to transition towards a fossil-
free future by converting biomass and waste into valuable resources and clean
energy. The company also has strong niche positions in food safety and robotics,
and in heat-intensive industries with a strong decarbonising agenda. Located in
Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker
VOW).

More information:
Access the news on Oslo Bors NewsWeb site