Oslo, April 5th, 2024: Volue ASA (OSE: VOLUE) today published its Annual Report
and ESG Report for 2022. The reports are attached and available at
https://www.volue.com/investors.

Highlights of 2023:
o	Operating revenues of NOK 1,464 million, 20 per cent overall growth
o	Adjusted EBITDA of NOK 267 million with margin of 18 per cent
o	EBITDA of NOK 208 million with a margin of 14 per cent
o	Solid performance in ARR business, with steady growth in new SaaS business
o	Sales of strategic importance in all segments
o	Strong traction in Japan and increased European footprint

Reflecting on 2023, Trond Straume, CEO Volue, said:

"I wrote in our 2022 annual report that our central ambition for 2023 was to
continue the growth of our revenues. I also made clear that we would increase
our focus on profitability, noting that we would introduce measures in order to
deliver this. I am delighted that this annual report illustrates the success of
this strategy, and I greatly welcome the opportunity to present the financial
and operational highlights of last year.

"Through digital platforms and innovative solutions, Volue delivers software and
services critical to society for a cleaner, better, and more profitable future.
2023 saw this message told to audiences new and old, from the Nordics, Europe,
and increasingly, within East Asia. We have developed and delivered products and
services that support all market operators to take part in the energy
transition. We have worked hard to lay the groundwork for all participants to do
so, and 2023 has seen this strategy come to fruition.
  
"The work of my colleagues last year directly supported our ongoing organic
growth and increased revenues, which in turn supported our steadfast ambition:
to become the number one software and software-backed service provider to the
European energy system by 2030.

"By focusing on the energy systems of tomorrow, we are delivering growth and
profitably for our customers today."

Volue has also published its annual ESG report today. Trond Straume, continued:

"Sustainability is in the core of everything Volue does. Volue was founded with
the purpose of enabling the green transition, and we achieve this by delivering
software and services critical to society for a cleaner, better and more
profitable future. 

"The transition to a sustainable tomorrow is happening now, and we enable our
customers to be part of it. Whether it is established energy producers adjusting
their asset portfolios to accommodate more renewables or new players entering
the renewable energy sector, our suite of products and services remains relevant
to all. Our goal is to enable and allow any participant in the energy system to
make a positive contribution towards the green transition."

For further information, please contact: 
Arnstein Kjesbu, CFO, Volue, +47 970 47 699, Arnstein.kjesbu@volue.com
Jacob Zeno Clausen Krøvel, Head of Investor Relations, Volue +47 4840 3225,
Jacob.krovel@volue.com

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 800 employees work with more than 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.