Bawat Water Technologies

Bawat Water Technologies AB (“Bawat” or the “Company”) is pleased to publish its 2023 Annual Report for the year ended 31 December 2023.

The attached 2023 Annual Report is also available on the Company’s website: https://investor.bawat.com/company-reports/

For further information, please contact:

Marcus P. Hummer
CEO Bawat
+45 8870 8803
mph@bawat.com
www.bawat.com

Certified Adviser:
Svensk Kapitalmarknadsgranskning AB
www.skmg.se

About Bawat

The development of an entirely new approach to ballast water treatment utilizing 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 is a system that is simple, cost-effective, and sustainable, build on a zero environmental impact, using standard marine components. No filters, no chemicals no UV. And is the first to market a USCG/IMO Type Approval BWMS that uses pasteurization to treat ballast water in a one-pass process. Bawat has built upon its innovative breakthrough, and now offers ballast water solutions to the maritime industry in three categories:

• A ship BWMS for Retrofit and New Builds
• Mobile containerized solution for multiple vessel usage in a port, on a ship or for rigs
• Ballast Water as a Service for contingency services in ports

Bawat is an engineer-driven company that is rooted in the tradition of Danish maritime innovation and with a deep maritime insight: www.bawat.com. Bawat is listed on Nasdaq First North Premier Growth Market.