Valoe Oyj

 Valoe Corporation                        Stock Exchange Release 25 March 2021 at 9.30 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 Gaselli Group Oy according to which its shareholding in Valoe shares has crossed the threshold of 5 % of all the shares in Valoe due to a change in the total number of shares of Valoe.

Total positions of Gaselli Group Oy 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	4.97 %	0 %	4.97 %
Position of previous notification (if applicable)	6.89 %	0 %	6.89 %

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	12,700,000	0	4.97 %	0 %
A TOTAL	12,700,000	0	4.97 %	0 %

In Mikkeli 25 March 2021

Valoe Corporation

Board of Directors

For more information: Iikka Savisalo
President and CEO, Valoe Corporation
Tel. +358 40 521 6082, email: iikka.savisalo@valoe.com

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.