Otovo ASA: Notice of Extraordinary General Meeting

Reference is made to the stock exchange announcement by Otovo ASA (the "Company") on 2 March 2026 regarding the successful private placement of 13,985,000 new shares in the Company (the "Offer Shares") at a subscription price of NOK 11.50 (the "Private Placement"). The Offer Shares have been allocated in two tranches whereby (i) tranche 1 consists of 11,070,520 new shares ("Tranche 1") issued by the Board of Directors pursuant to the authorization granted by the general meeting on 5 December 2025 and (ii) tranche 2 consists of the remaining 2,914,480 new shares ("Tranche 2"), subject to approval by an extraordinary general meeting of the Company. In this regard, an extraordinary general meeting will be held on 24 March 2026 at 15:00 (CET) as a digital meeting. The notice and agenda for the general meeting are attached to this announcement. The notice and all appendices are also available at https://investor.otovo.com/reports. All shareholders wanting to attend and vote at the extraordinary general meeting must register their attendance by 20 March 2026 at 16:00 hours (CET). Further information about registration and digital attendance to the meeting is included in the notice.