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.