Observe Medical ASA - Notice of Annual General Meeting

Oslo, May 5, 2023 – Observe Medical ASA (OBSRV): The annual general meeting of Observe Medical ASA will be held on Friday, May 26, 2023, at 10:00 (CET). The annual general meeting will be held at Dronning Eufemias gate 16, 0191 Oslo for those attending in person.

The Notice of the Annual General Meeting is attached.

The Notice is posted electronically or by mail to all shareholders and is available on the company's website www.observemedical.com.

For further information, please contact:

Rune Nystad, CEO of Observe Medical ASA

Mobile: +47 916 24 683

Mail: rune.nystad@observemedical.com

Per Arne Nygård, CFO of Observe Medical ASA

Mobile: +47 411 04 345

Mail: perarne.nygard@observemedical.com

About Observe Medical

Observe Medical is a Nordic medtech company that develops, markets and sells innovative medtech products for the global market. The Company is committed to improving patient welfare and patient outcomes, improving clinical data accuracy and promoting positive health economics. The Company seeks to drive growth by leveraging its expertise in sales and commercialization of its broad portfolio of medical technology products, mainly in urine measurement, ultrasound, anesthesiology/ICUs, surgery and wound care, in combination with targeted M&A.

The Company is headquartered in Oslo, Norway, with additional offices in Narvik, Norway and Gothenburg, Sweden, and subsidiaries in Finland and the US. In addition, Observe Medical has a direct sale organization in the Nordics and a distributor network internationally.

Further information is available at www.observemedical.com.