Oslo, April 20, 2023: Reference is made to the notice of ordinary general
meeting at Volue ASA (OSE: VOLUE), published March 31, 2023.
 
The timing of Benjamin Golding assuming the position as CEO of Arendals
Fossekompani has been clarified since the notice was given for the general
meeting at Volue. As the commencement date for Mr Golding now has been set,
Ørjan Svanevik, the former CEO of Arendals Fossekompani and Chairman of the
Board of Directors of Volue, has asked the company to submit an alternative
proposal at the general meeting. Consequently, Arendals Fossekompani will
nominate Benjamin Golding as Chairman of the Board of Directors at Volue. 
 
The nomination has no impact on the agenda of the general meeting and attached
to this notice are amended voting forms including Benjamin Golding's name in
section 4 of the agenda. 
 
 
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 770
employees work with around 2,500 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 active in 40+ countries. Visit
volue.com for more information.
 
This announcement is subject to information pursuant to the Securities Trading
Act § 5-12.