Otovo ASA: New share capital registered

Reference is made to the stock exchange announcement by Otovo ASA (the "Company") on 3 July 2026 regarding the successful private placement of 5 852 652 new shares in the Company (the "Offer Shares") at a subscription price of NOK 11.50 (the "Private Placement").

The share capital increase pertaining to the Private Placement has today been registered with the Norwegian Register of Business Enterprises.

Following the registration, the share capital of the Company is NOK 7,964,845.60, divided on 79,648,456 shares, each with a nominal value of NOK 0.10.

The newly issued shares have been delivered on a separate, unlisted ISIN pending publication of a listing prospectus.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.