Bergen, Norway, June 5, 2024 - M Vest Water (EURONEXT: MVW) has been awarded an
order to deliver our water treatment product NORWAFLOC® to Holmøy Maritime AS'
salmon slaughterhouse on Holmen in Northern Norway.

In cooperation with our partner Downstream Marine AS, M Vest Water delivers
water treatment equipment tailored to the use of our eco-friendly NORWAFLOC®.
The equipment is now being installed during Q2 2024 where upon the continuous
production and wastewater treatment at Holmøy starts. This order supplies Holmøy
with NORWAFLOC® for the first 2 months of operation.

Holmøy Maritime is one of Norway's largest seafood companies, with an annual
seafood production of 45,000 tons, coming from both wild catch and salmon
farming. Holmøy is committed to high-quality seafood and sustainability, having
invested 1 billion Norwegian kroner in a new, modern slaughterhouse at Holmen
with an annual production volume of 35,000 tons of salmon.

With this order, M Vest Water has provided the best available technology (BAT)
supplying equipment and NORWAFLOC® to a second Norwegian salmon slaughterhouse
meeting the new and restricted EU discharge regulations enforced on the industry
with effect from December last year.

"We are very pleased that, yet another salmon slaughterhouse chooses MVW's
products and solutions to solve the new challenges with wastewater discharges
the industry is now facing. MVW is now the leading supplier to this growing
market," says MVW`s CEO, Stein E. Giljarhus.


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 that has developed unique
products and solutions for the water treatment industry, both Industrial as well
as 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 according to Section
5-12 of the Norwegian Securities Trading Act.

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