Bawat Receives Order for Two Mobile BWMS Units to Its BaaS Business

As a pioneering force in sustainable ballast water treatment technology and services, Bawat continues to demonstrate its commitment to providing efficient solutions that meet industry demands.

Marcus Hummer, CEO of Bawat said: "We are delighted that our service solution, Bawat BaaS, has once again proven its immense value. Our focus on contingency planning and facilitating facility services aligns perfectly with the industry's needs in the US."

Bawat's dedication to delivering reliable, adaptable services underscores its position as a frontrunner in the field of ballast water treatment solutions. This successful deployment of the Bawat BaaS service solution further solidifies the company's presence and effectiveness in the US market.

With above mentioned order Bawat confirms its latest guidance for the full year order intake to be SEK 40-50 mill. The order is expected to be delivered through newly established joint venture with Damen Green Solutions.

For inquiries or further information about Bawat's innovative services, please contact:

Marcus P. Hummer, CEO, E-mail:mph@BAWAT.com

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Svensk Kapitalmarknadsgranskning AB
ca@skmg.se
This press release constitutes inside information that BawatWater Technologies ABis obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was sent for publication, through the agency of the contact persons set out above, at the time stated by the Company's news distributor, Cision, at the publication of this press releaseonDecember 20th, 2023.

For further information aboutBawatWater Technologies AB, please contact above.

About Bawat
The development of an entirely new approach to ballast watertreatmentutilizing onboard waste heat to treat ballast water led to the founding of Bawat in 2011. A ballast water treatment system avoids disposal of untreated water in seas and harbors.

Bawat's BWMS isa system that is simple, cost-effective, and sustainable,build on a zero environmental impact,using standard marine components.No filters, no chemicals no UV. Bawatis the first to market a USCG/IMO Type ApprovalBWMS that usespasteurizationto treat ballast water in a one-pass process.

Bawat has built upon its innovative breakthrough andoffers ballast water solutions to the maritime industry in three categories:

• Ship BWMS (https://www.bawat.com/ship-bwms/)forRetrofit and New Builds
• Mobile containerized solution (https://www.bawat.com/mobile-bwms/)for multiple vessel usage in a port, on ashipor for rigs
• Ballast Water as a Service (https://www.bawat.com/ballast-water-treatment-as-a-service/ballast-water-treatment-as-a-service/)for contingency services in ports

Bawat is an engineer-driven company that is rooted in the tradition of Danish maritimeinnovation and with a deep maritime insight:www.bawat.com.