Elliptic Labs New share capital registered

26 May 2025 12:30 CEST

Oslo, Norway --- Elliptic Labs (OSE: ELABS): Reference is made to the stock
exchange notice by Elliptic Laboratories ASA ("Elliptic Labs" or the
"Company") on 22 May 2025 regarding the share capital increase resolved by the
Company's board of directors in connection with the exercise of options under
the Company's share option program.

The share capital increase pertaining to the issuance of new shares has been
registered with the Norwegian Register of Business Enterprises:

Share capital: NOK 1 052 867.65
Total number of shares: 105 286 765
Par value of each share: NOK 0.01

Contacts
Investor Relations:
Lars Holmøy
Lars.Holmoy@ellipticlabs.com

PR Contact:
Patrick Tsui
pr@ellipticlabs.com

About Elliptic Labs
Elliptic Labs' AI Virtual Smart Sensor PlatformTM brings contextual
intelligence to devices, enhancing user experiences. Our technology uses
proprietary deep neural networks to create AI-powered Virtual Smart Sensors
that improve personalization, privacy, and productivity.

Currently deployed in over 500 million devices, our platform works across all
devices, operating systems, platforms, and applications. By utilizing
system-level telemetry data to cloud-based Large Language Models (LLMs), the
AI Virtual Smart Sensor Platform delivers the unrivaled capability to utilize
output data from every available data source. This approach allows devices to
better understand and respond to their environment, making technology more
intuitive and user-friendly. At Elliptic Labs, we're not just adapting to the
future of technology -- we're actively shaping it. Our goal is to continue
pushing the boundaries of contextual intelligence, creating more intuitive and
powerful experiences for users worldwide.

Elliptic Labs is headquartered in Norway with presence in the USA, China,
South-Korea, Taiwan, and Japan. The company is listed on the Oslo Stock
Exchange. Its technology and IP are developed in Norway and are solely owned
by the company.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2025-05-26 12:30 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

647484_Elliptic Labs New share capital registered.pdf