Valoe Oyj — Major Shareholding Notification 2019

Sep 4, 2019

National Storage Mechanism | Additional information

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Valoe Corporation                        Stock Exchange Release 4 September 2019 at 14.20 Finnish time

Valoe Corporation has received an announcement from Oy Herttaässä Ab on 4 September 2019 according to which its shareholding in Valoe shares has fallen below the threshold of 10 % of all the shares in Valoe due to disposal of shares or voting rights.

Total positions of Oy Herttaässä Ab subject to the notification:

	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments (total of B)	Total of both in % (A + B)
Resulting situation on the date on which threshold was crossed or reached	9.89 %	0 %	9.89 %
Position of previous notification (if applicable)	12,6 %	0 %	12,6 %

Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights:

Class/Type of shares ISIN code	Number of shares and voting rights	Number of shares and voting rights	% of shares and voting rights	% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009006951	3,181,546	0	9.89 %	0 %
A TOTAL	3,181,546	0	9.89 %	0 %

In Mikkeli 4 September 2019

Valoe Corporation Board of Directors

For more information: Iikka Savisalo

President and CEO, Valoe Corporation

Tel. +358 40 521 6082, email: [email protected]

Distribution:

NASDAQ OMX, Helsinki Main media www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides

automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.