Valmet Oyj: Notification according to Chapter 9, Section 5 of the Finnish Securities Markets Act: Solidium Oy's ownership in Valmet exceeds 10 percent

Valmet Oyj: Notification according to Chapter 9, Section 5 of the Finnish Securities Markets Act: Solidium Oy’s ownership in Valmet exceeds 10 percent

Valmet Oyj’s stock exchange release on May 20, 2022 at 3:30 p.m. EEST

Valmet Oyj (“Valmet”) has on May 20, 2022, received the following notification from Solidium Oy, pursuant to the Finnish Securities Markets Act (as amended, the “SMA”), stating that Solidium Oy’s ownership and share of votes in Valmet has risen above the threshold of 10 percent on May 19, 2022.

Valmet has one series of shares in which each share carries one vote. The aggregate number of shares is 184,529,605.

Total positions of Solidium Oy according 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	10.10%	-	10.10%
Position of previous notification (if applicable)	9.25%	-	9.25%

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		% 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)
FI4000074984	18,640,665	-	10.10%	-
SUBTOTAL A	18,640,665		10.10%

Further information, please contact:

Pekka Rouhiainen, Director, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET OYJ

Katri Hokkanen

Interim CFO

Pekka Rouhiainen

Director, Investor Relations

DISTRIBUTION:

Nasdaq Helsinki Ltd

Major media

www.valmet.com

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries.

We aim to become the global champion in serving our customers. Our 17,000 professionals work close to our customers and are committed to improving our customers’ performance – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved, when flow control company Neles was merged into Valmet. The combined company net sales in 2021 was approximately EUR 4.5 billion based on the respective company figures.

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.

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