Otovo ASA: New share capital registered

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 to be held on 24 March 2026. The share capital increase pertaining to the issuance of the 11,070,520 new shares in Tranche 1 has today been registered with the Norwegian Register of Business Enterprises. Following the registration, the share capital of the Company is NOK 6,420,960.10, divided on 64 209 601 shares, each with a nominal value of NOK 0.10. This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Oslo Børs.