Annual General Meeting

The 2019 Annual General Meeting of Otello Corporation ASA was held on Tuesday June 4, 2019 at Felix Konferansesenter, Bryggetorget 3, Oslo, Norway. All proposals on the agenda were approved by the meeting. The signed minutes from the Annual General Meeting are enclosed.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com

About Otello: Otello holds shares in several different businesses, including (i) AdColony which helps publishers monetize their content through advertising andadvertisers reach the audiences that build value for their businesses, capitalizing on a global consumer audience reach that exceeds 2 billion; (ii) Bemobi, a Mobile Media and Entertainment company which integrate people and mobile content through technology and offers a leading subscription-based discovery service for mobile apps in Latin America and beyond; (iii) Skyfire which offers cloud-based network solutions for mobile operators and (iv) Vewd which offers OTT services in the Connected TV space.