Valmet Oyj: Notification according to Chapter 9, Section 5 of the Finnish Securities Markets Act: Swedbank Robur Fonder AB's ownership in Valmet exceeds 5 percent

Valmet Oyj: Notification according to Chapter 9, Section 5 of the Finnish
Securities Markets Act: Swedbank Robur Fonder AB's ownership in Valmet exceeds 5
percent

Valmet Oyj's stock exchange release onDecember5, 2024 at 2:00 p.m. EET

Valmet Oyj (“Valmet”) has on December 4, 2024, received the following
notification from Swedbank Robur Fonder AB, pursuant to the Finnish Securities
Markets Act (as amended, the “SMA”), stating that Swedbank Robur Fonder AB's
ownership and share of votes in Valmet has risen above the threshold of 5
percent on December 3, 2024.

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 Swedbank Robur Fonder AB (Swedbank Robur Nordenfond, Swedbank
Robur Fokus, Swedbank Robur Europafond, Swedbank Robur Småbolagsfond Norden,
Swedbank Robur Småbolagsfond Sverige, Swedbank Robur Sverige, Swedbank Robur
Transfer 50, Swedbank Robur Globalfond, Swedbank Robur Global High Dividend)
according to the notification:

+----------------+------------+-----------------------------+---------+
|                |% of shares |% of shares and voting rights|Total of |
|                |and voting  |through financial instruments|both in %|
|                |rights      |(total of B)                 |(A+B)    |
|                |(total of A)|                             |         |
+----------------+------------+-----------------------------+---------+
|Resulting       |5.02754%    |-                            |5.02754% |
|situation on the|            |                             |         |
|date on         |            |                             |         |
|which threshold |            |                             |         |
|was crossed or  |            |                             |         |
|reached         |            |                             |         |
+----------------+------------+-----------------------------+---------+
|Position of     |4.97929%    |-                            |4.97929% |
|previous        |            |                             |         |
|notification    |            |                             |         |
|(if applicable) |            |                             |         |
+----------------+------------+-----------------------------+---------+

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|Number of shares and voting rights|% of shares and voting rights|
|shares       |                                  |                             |
|             |                                  |                             |
|ISIN code    |                                  |                             |
+-------------+-----------------+----------------+-----------------+-----------+
|Direct       |Indirect         |Direct          |Indirect         |
|             |                 |                |                 |
|(SMA 9:5)    |(SMA 9:6 and 9:7)|(SMA 9:5)       |(SMA 9:6 and 9:7)|
+-------------+-----------------+----------------+-----------------+-----------+
|FI4000074984 |9,277,291        |                |5.02754%         |           |
+-------------+-----------------+----------------+-----------------+-----------+
|SUBTOTAL A   |9,277,291                         |5.02754%                     |
+-------------+-----------------+----------------+-----------------+-----------+

Additional information provided by Swedbank Robur Fonder AB:

Holders of shares in issuer are Swedish funds that are not separate individual
legal entities.

Further information, please contact:

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

VALMET

Katri Hokkanen

CFO

Pekka Rouhiainen

VP, Investor Relations

DISTRIBUTION:

Nasdaq Helsinki

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. Our more than 19,000 professionals around the world work
close to our customers and are committed to moving our customers' performance
forward - every day.

The company has over 220 years of industrial history and a strong track record
in continuous improvement and renewal. Valmet's net sales in 2023 were
approximately EUR 5.5 billion.

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

Follow us on valmet.com (https://www.valmet.com) |
X (https://www.x.com/valmetglobal)|X
(IR) (https://x.com/ValmetIR)|LinkedIn (https://www.linkedin.com/company/valmet/)
|Facebook (https://www.facebook.com/valmetcorporation)|YouTube (https://www.youtu
be.com/c/Valmet/featured)|Instagram (https://www.instagram.com/valmetglobal)|

Processing of personal data (https://www.valmet.com/content_folder/processing-of
-personal-data/)