Observe Medical ASA - Update on disclosure of voting rights at the Annual General meeting

23 May 2024 15:04 CEST

Oslo, 23 May 2024: In connection with the annual general meeting of Observe
Medical ASA (the "Company") to be held on 24 May 2024 (the "AGM"), Terje Bakken,
chairman of the board of directors of the Company, has received proxies without
voting instructions for 24,286,193 shares or 12.24% of the total shares and
voting rights in the Company. The proxies are only valid at the AGM.

This information is subject to the disclosure requirements pursuant to section 4
-2 of the Norwegian Securities Trading Act.

Please disregard previous announcement on this matter.

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