OTOVO ASA – Registration of reverse share split

Oslo, 25 February 2026 Reference is made to the stock exchange notice published by Otovo ASA (the "Company" or "Otovo") on 5 December 2025, regarding the Company’s extraordinary general meeting resolving a reverse share split of the Company’s shares in the ratio 10:1. The reverse share split has today been registered with the Norwegian Register of Business Enterprises. Following the registration, the Company's share capital is NOK 5,313,908.10, divided into 53,139,081 shares, each with a nominal value of NOK 0.10. This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. *** For further information, please contact: William J. (John) Berger, Chief Executive Officer Email: John.berger@otovo.com Andreas Thorsheim, Chief Product Officer Email: athornor@otovo.com