0JQK Valoe Oyj

Valoe Corporation        Stock Exchange Release 8 June 2023 at 09.00 Finnish time

Valoe Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: SCI Finance OyPosition: Closely associated person(X) Legal person (1):Person Discharging Managerial Responsibilities In IssuerName: Hannu SavisaloPosition: Member of the BoardIssuer: Valoe OyjLEI: 743700P8A4M2MREWN035Notification type: INITIAL NOTIFICATIONReference number: 33125/13/4

Transaction date: 2023-06-02Outside a trading venueInstrument type: SHAREISIN: FI0009006951Nature of transaction: SUBSCRIPTIONTransaction details(1): Volume: 3448276 Unit price: 0.029 EUR(2): Volume: 105205 Unit price: 0.03 EURAggregated transactions (2):Volume: 3553481 Volume weighted average price: 0.02903 EUR____________________________________________

Person subject to the notification requirementName: Hannu SavisaloPosition: Member of the Board/Deputy memberIssuer: Valoe OyjLEI: 743700P8A4M2MREWN035Notification type: INITIAL NOTIFICATIONReference number: 33122/5/4

Transaction date: 2023-06-02Outside a trading venueInstrument type: SHAREISIN: FI0009006951Nature of transaction: SUBSCRIPTIONTransaction details(1): Volume: 3448276 Unit price: 0.029 EUR(2): Volume: 105205 Unit price: 0.03 EURAggregated transactions (2):Volume: 3553481 Volume weighted average price: 0.02903 EUR____________________________________________

In Mikkeli 8 June 2023

Valoe Corporation

Board of Directors

For more information: Iikka SavisaloPresident and CEO, Valoe CorporationTel. +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.

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