Otovo ASA: New share capital registered

Reference is made to the stock exchange announcement by Otovo ASA (the "Company") on 23 October 2026 regarding the successful completion of a private placement and a retail offering (together, the "Offering") of a total of 3,500,000 new shares in the Company at a subscription price of NOK 8 per share.

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

Following the registration, the share capital of the Company is NOK 8,343,180.80, divided on 83,431,808 shares, each with a nominal value of NOK 0.10.

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