Bergen, Norway, 6 March 2024.

M Vest Water has today published its Annual Report for the financial year 2023.

The annual report was reviewed and approved by the Board of Directors on 6 March
2023. A PDF of the annual report is enclosed in this announcement and is also
available at the company's website at:
https://mvestwater.com/investor-relations/reports-and-presentations

"In 2023, our primary focus has been on a growth strategy aimed at expanding our
operations and establishing M Vest Water as a competitive Greentech provider in
aquaculture, oil and gas, and the municipal sector. We have strategically
positioned ourselves by implementing a series of measures, including full-scale
projects. This effort has led to several contract awards in 2023 within both the
oil & gas and aquaculture markets. As a result, we commence 2024 with a robust
order backlog, significantly contributing to our ongoing growth", comments CEO
Stein Giljarhus. 




For any questions, please contact:

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 of the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange