Huddly AS – Mandatory notification of trade

19 Dec 2024 13:03 CET

Oslo, 19 December 2024: Reference is made to the stock exchange announcement
published by Huddly AS (the "Company") earlier today regarding approval by the
extraordinary general meeting of the private placement of 1,300,000,000 new
shares at a subscription price of NOK 0.1 (the "Subscription Price") per new
share as announced on 13 December 2024 (the "Private Placement"). The following
primary insiders and close associates of primary insiders have been allocated
and subscribed for shares at the Subscription Price in the Private Placement:

Jostein Devold, chair of the board of directors, has been allocated and
subscribed for 5,000,000 shares.

Mertoun Capital AS, being a company closely associated with Jostein Devold,
chair of the board of directors, has been allocated and subscribed for
100,000,000 shares.

Sonstad AS, being a company closely associated with Jon Øyvind Eriksen, board
member, has been allocated and subscribed for 180,000,000 shares.

Kolberg Motors AS and Multiplikator AS, being companies closely associated with
Kristian Kolberg, a board member of the Company, have been allocated and
subscribed for 90,000,000 and 20,000,000 shares, respectively.

Abhijit Saha Banik, CFO, has been allocated and subscribed for 5,000,000 shares.


SOM Holding AS, being a company closely associated with Stein Ove Eriksen,
co-founder and CPO, has been allocated and subscribed for 60,000,000 shares.

Please see the attached notifications of trade for further information.

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

For more information, please contact:
Jostein Devold, chair of the board, +47 90 88 00 49, jd@mertoun.no
Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com

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About Huddly
Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in order to empower human
collaboration. Combining our industry-leading expertise in artificial
intelligence, software, hardware, and UX, we craft intelligent camera systems
that enable inclusive and productive teamwork.

Huddly cameras are designed to provide high-quality, AI-powered video meetings
on major platforms, including Microsoft Teams, Zoom, and Google Meet. With
upgradable software, durable hardware, and engaging user experiences, they are
the ideal choice for organizations seeking future-proof, scalable, and
sustainable solutions.

More information:
Access the news on Oslo Bors NewsWeb site

635185_Huddly AS - Mandatory notification of trades.pdf