Volue ASA

Share Issue/Capital Change • Nov 30, 2022

Volue ASA - Share purchase programme for employees 2022

Volue ASA - Share purchase programme for employees 2022

Oslo,30 November 2022: Volue has established a share purchase programme for employees and has offered participants to purchase shares with a subscription value of NOK 10,000 to NOK 30,000, including a 20% discount. The subscription period was from 23 November to 30 November 2022. The price per share has been set at NOK 31.4501, based on the average volume-weighted share price on the Oslo Stock Exchange from 15 November to 21 November 2022. In total, employees subscribed for 63 232 shares under the share purchase programme. All shares subscribed for under the share purchase programme are subject to one-year lock-up and will be settled with treasury shares. See attachment for the primary insiders’ notification of the transactions in accordance with the Market Abuse Regulation Article 19.

For further information, please contact: Arnstein Kjesbu, CFO, Volue, Arnstein.kjesbu@volue.com

About Volue | www.volue.com

Volue is a market leader in technologies and services that power the green transition. Based on 50 years of experience, Volue provides innovative solutions, systems and insights to industries critical to society. Over 730 employees work with more than 2,200 customers across energy, power grid, water and infrastructure projects that ensure a sustainable, flexible and reliable future. The company is headquartered in Oslo, Norway and is active in 40+ countries.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Arnstein Kjesbu, CFO, Volue ASA, on 30 November 2022 at 19:00 am CET.