Huddly AS – Share capital increase registered

18 Mar 2025 16:24 CET

Oslo, 18 March 2025: Reference is made to the stock exchange announcement
published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 7 March
2025, regarding the final results in the subsequent repair offering (the
"Subsequent Repair Offering") where a total of 2,500,000 new shares in the
Company (the "Offer Shares") were subscribed for and allocated at a subscription
price of NOK 10 per Offer Share, and the Company's board of directors'
resolution on the share capital increase pertaining to the Subsequent Repair
Offering.

The share capital increase pertaining to the Subsequent Repair Offering has been
registered with the Norwegian Register of Business Enterprises today. The
Company's new share capital is NOK 1,303,955.0625, divided into 20,863,281
shares, each with a nominal value of NOK 0.0625 and carrying one voting right.

The Offer Shares will be registered in the Norwegian central securities
depository, Euronext Securities Oslo ("VPS") in book-entry form and are expected
to be delivered to the subscribers' VPS account and be tradable on Euronext
Growth Oslo on or about 19 March 2025.

Contacts

For more information, please contact:

Jon Øyvind Eriksen, chair of the board of directors, +47 93 06 03 30,
admin@sonstad.no

Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com

Disclosure


This information is subject to the disclosure requirements pursuant to section
3.11.5 (3) of Euronext Growth Oslo Rule Book – Part II and section 5-12 of the
Norwegian Securities Trading Act.

About Huddly AS

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 a future-proof, scalable, and sustainable solution.
Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the
US and EMEA and distribution globally.

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