NEWS

ISSUE OF THE FINAL CONVERTIBLE NOTES AND WARRANTS PURSUANT TO FINANCING ARRANGEMENT BETWEEN VALOE CORPORATION AND WINANCE DISCLOSED ON 22 APRIL 2020.

Valoe Corporation has, pursuant to the terms and conditions of the financing arrangement between Valoe Corporation and Winance announced on 22 April 2020 (“Winance Financing Arrangement”), withdrawn the remaining convertible notes tranches of EUR 750,000 and issued to Winance in total 750 convertible notes and in total 2,500,000 warrants related thereto.