OXE MARINE SIGN DISTRIBUTOR AGREEMENT WITH BOTA TECHNIK IN POLAND

OXE Marine is expanding in Poland by appointing Bota Technik as new distributors for the company's diesel-powered outboards on the Polish market. Bota Technik is a company highly specialized in servicing mechanics of ships propulsion systems as well as a reputable design office.

Located in Gdansk, Poland, Bota Technik offers vast years of experience, providing services and technical support to a multitude of shipowners and shipyards both within the local Polish market and around the world. Alongside its number of technical services and design offerings, Bota Technik has an ever-growing product range with which OXE Marine is excited to be part of. Bota Technik is ISO and AQAP certified for design, production, service, supervision, commissioning, retrofits, repairs and sale of marine equipment. The partnership will leverage this technical expertise, Bota Technik's extensive network and commitment to customer satisfaction to ensure OXE Marine's diesel outboard engines reach a broader audience in Poland.

"We are excited to welcome Bota Technik to the OXE Marine family as our new partner in Poland. Bota Technik has a strong focus in service and support which aligns well with our core focus area. This partnership signifies a strategic step in our European expansion strategy, and we are confident that Bota Technik's market knowledge and expertise will contribute to our success in the region." said Paul Frick, CEO at OXE Marine.

Bota Technik's Project Manager Wojciech Pawłowski expressed enthusiasm about the collaboration, stating, "We see a growing demand from our customers for a solution that not only meets the traditional expectations of efficiency, durability, and safety that you have with a diesel engine, but also offers the flexibility and ease of use that comes with an outboard. The OXE Marine product line is uniquely positioned to fulfil this need. We look forward to a successful collaboration and are committed to promoting and supporting OXE Marine's products in the Polish market."

This partnership reflects OXE Marine's ongoing efforts to strengthen its distribution network and provide customers worldwide with access to its state-of-the-art diesel outboard engines. The collaboration with Bota Technik is expected to bring mutual benefits to both companies and contribute to the continued growth of the marine industry in Poland.

For more information, please contact:
Paul Frick, CEO, OXE Marine AB, [email protected], +46 70 325 06 20
Wojciech Pawłowski, JPM, Bota Technik, [email protected], +48 888 723 288

OXE Marine AB (publ) (NASDAQ STO: OXE) is the company behind the world’s first high performance diesel outboard. The company’s unique and patented solutions for high transmission between powerhead and lower leg has led to a global high demand for the company’s outboards.