Oslo, 20 August 2025: Reference is made to the stock exchange announcement by Vow ASA (OSE: VOW) (the “Company”) on 15 July 2025 regarding the restatement of EBITDA in the Q1 2025 report, the expected one-off EBITDA charge in the H1/Q2 2025 accounts and the related breach of the Company’s financial covenants under its loan facilities with DNB.
Following close and constructive dialogue with DNB, the Company has today obtained a formal waiver for the reporting periods ending on 30.6.2025.
For more information, please contact
Cecilie Brænd Hekneby, CFO, Vow ASA
Tel: +47 992 93 826
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Email: [email protected]
About Vow
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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).
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