Bergen, Norway ,January 5, 2023 - M Vest Water (EURONEXT: MVW) has been awarded an order to deliver our water treatment product NORWAFLOC® to a large new salmon slaughterhouse inNorway . Reference is made to the announcement datedMarch 23, 2023 . M Vest Water delivered water treatment equipment to the client in Q3 2023. The installation of this equipment has now been completed, and the plant is being prepared for the startup of water treatment and sludge separation in Q1 2024. M Vest Water has received an order to supply NORWAFLOC® for a startup period of 2-3 months of production. The potential yearly income for the supply of NORWAFLOC® is estimated to 4-6 MNOK. With this supply, M Vest Water has provided the best available technology (BAT) to the first salmon slaughterhouse inNorway meeting the new and restricted EU discharge regulation enforced on this industry with effect fromDecember 4th, 2023 . "This is a milestone for the solution The Alliance; M Vest Water, Downstream Marine and Bioretur, has brought forth to solve the new challenges with the wastewater discharges salmon slaughterhouses now are facing. It is a significant step into this emerging annual 100 MNOK recurring revenue market. A market where The Alliance potentially also may convert waste to value for our clients by manage and facilitate attractive reuse of the waste," says MVW`s CEO,Stein E. Giljarhus . For more information, please contact: Stein Giljarhus, CEO stein.giljarhus@mvestwater.com +47 90 54 08 32Morten Hilton Thomassen , CFO mht@mvestwater.com +47 92 25 85 70 AboutM 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.
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