NOTIFICATION OF LARGE SHAREHOLDING – PROXIES FOR ANNUAL GENERAL MEETING
The Chairman of the Board of Directors of Otello Corporation ASA, Andrè Christensen, has received power of attorneys to represent and vote for 17,896,401 shares or 12.92 % of the voting shares at Otello’s Annual General Meeting to be held on 2 June 2020. In addition, Mr. Christensen hold 24,341 shares. Hence, following the receipt of the powers of attorney, Mr. Christensen controls 12.94 % of the voting shares. The power of attorneys are without voting instructions. The power of attorneys are only valid at the Annual General Meeting on 2 June 2020. This information is subject to the