Otello Corporation share buyback program status

25 Apr 2026 21:36 CEST

Reference is made to the stock exchange notice from 9 February 2026 announcing
the initiation of the share buyback program for Otello Corporation ASA (the
Company). From 20 April 2026 through 24 April 2026, Pareto Securities AS has
bought 103,200 shares on behalf of the Company at an average price of NOK 19.81
and a total value of NOK 2,044,239. Since the initiation of this share buyback
program a total of 1,077,616 shares at an average price of NOK 18.23 and a total
value of NOK 19,650,064 have been acquired. The maximum consideration to be paid
for shares acquired under this buyback program is NOK 20 per share and the
maximum number of shares that can be purchased under this buyback program is
3,689,541. At present date, Otello owns 4,767,157 treasury shares in the
Company, including those bought in the previous buyback program. The shares are
purchased in accordance with the authorization granted at the company's
extraordinary general meeting on 15 September 2025.

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671482_OTEC Transaksjonsoversikt67.pdf