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Key information relating to cash dividend to be paid by Otello Corporation ASA

The Board of Otello Corporation ASA (OSE: OTEC) has resolved to pay a dividend payment of NOK 21 per share, NOK 1 913 094 309 in total.  The dividend is resolved pursuant to the Authorization granted by the Annual General Meeting held on 2 June 2022. Otello Corporation ASA's cash position as of today is approximately 2 090 million NOK. Key information relating to the cash dividend: Issuer: Otello Corporation ASA Dividend amount: 21 NOK per share and 1 913 094 309 NOK in total Announced currency: NOK Last day including right: 8 August 2022 Ex-date: 9 August 2022

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 25th July 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,587,165 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 5th July 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,584,965 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 1st July 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,583,033 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 29th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,578,826 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 17th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,577,673 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 16th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,556,188 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 15th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,555,688 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 14th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,453,272 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 13th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,450,997shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Registration of share capital reduction

Reference is made to the extraordinary general meeting held 27 January 2022 where, inter alia, the board of directors was granted the authority to buy back shares and carry out share capital reductions following the Articles of Association § 7, cf. Section 12-7 of the Public Limited Liability Companies Act. Further reference is made to the announcement dated 28 March 2022 where it was announced that 10,000,000 shares had been bought in the market pursuant to the authorisation. The share capital reduction has now been registered and the new share capital of Otello Corporation ASA is NOK 1,

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 10th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,404,707 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 9th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,238,611 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 8th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,211,616 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Magdalena Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 7th June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Magdalena Kadziolka and related parties’ holdings after the transaction totals 28,061,616 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Maggie Kadziolka, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 3rd June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Maggie Kadziolka and related parties’ holdings after the transaction totals 28,026,827 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Anooj Unarket, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 2nd June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Anooj Unarket and related parties’ holdings after the transaction totals 27,994,091 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Anooj Unarket, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 1st June 2022, acquired interests in shares of Otello Corporation ASA. The balance of Anooj Unarket and related parties’ holdings after the transaction totals 27,965,429 shares.  Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Anooj Unarket, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 31st May 2022, acquired interests in shares of Otello Corporation ASA. The balance of Anooj Unarket and related parties’ holdings after the transaction totals 27,920,750 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

Mandatory notification of trade

Anooj Unarket, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 20th May 2022, acquired interests in shares of Otello Corporation ASA. The balance of Anooj Unarket and related parties’ holdings after the transaction totals 27,845,711 shares.  Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

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