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Valoe Oyj Major Shareholding Notification 2020

May 29, 2020

3349_mrq_2020-05-29_4b59f768-923d-49ba-8b77-36003813cd71.html

Major Shareholding Notification

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Disclosure 384261

Valoe Oyj - Major shareholder announcements

Valoe Corporation: Disclosure under Chapter 9, Section 10 of the Securities Market Act

Valoe Corporation Stock Exchange Release 29 May 2020 at 15.00 Finnish time

Valoe Corporation has received the following announcement regarding disclosure under chapter 9, section 10 of the Securities Market Act.

Valoe has received an announcement from Nordic Environment Finance Corporation according to which its shareholding in Valoe shares has reached the threshold of 10 % of all the shares in Valoe due to an acquisition of shares in Valoe.

Total positions of Nordic Environment Finance Corporation subject to the notification:

% of shares and voting rights (total of A) % of shares and voting rights through financial

instruments (total of B)
Total number of shares and voting rights of

issuer
Resulting situation on the date on which threshold was crossed

or reached
12.17 % 0 % 12.17 %

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 23,148,148 0 12.17 % 0 %
A TOTAL 23,148,148 0 12.17 % 0 %

In Mikkeli 29 May 2020

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.