Delivery of shares under Otovo’s share purchase programme

03 Jan 2025 16:14 CET

Otovo ASA (the “Company”) has on 3 January 2025 resolved to deliver 401,415
shares to participants in the Company’s share purchase program. The program was
established on 1 December 2020 and the participants that are still employed
after four years receive one retention share for every two shares purchased at
the start of the program. The shares delivered are part of the Company’s
treasury shares and are delivered against no payment.

The following primary insiders will receive retention shares:

Andreas Thorsheim, CEO: 7,150 shares
Simen Fure Jørgensen, COO: 7,150 shares
Paulina Ackermann, CFOO: 71,520 shares

Details of the transactions are attached.

For further information, please contact Petter Ulset, CFO (petterul@otovo.com)

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About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the
roof, and batteries in the home. Otovo is a marketplace that organises hundreds
of local, high quality and qualified energy installers. The company uses its
proprietary technology to analyse the potential of any home and finds the best
price and installer for customers based on an automatic bidding process between
available installers.

Follow us on investor.otovo.com for reports, financial calendar, contact
details, and more.

More information:
Access the news on Oslo Bors NewsWeb site

635939_2025-01-03 Notification forms.pdf