Request for extraordinary general meeting

04 Dec 2024 14:59 CET

Otello Corporation ASA (the "Company") has received a request from a group of
shareholders representing just in excess of 5% of the share capital and votes to
call for an extraordinary general meeting (the "EGM"). The request is to include
"election of board" on the agenda. Despite being asked to clarify which
candidates that are proposed, the minority group has refused to do so at this
point in time. The Company's board will call for an EGM to be held on 6 January
2025. The calling notice will be made public in due course.

Scott Kerrison, CFO

Phone: +47 41375867

E-mail: scott.kerrison@otellocorp.com

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