Otovo ASA: Share Option grant

Oslo, 8 April 2026 Otovo ASA (the "Company") has granted share options to employees and senior management. In this connection, PDMRs Jennifer Santoscoy (CFO) and Eleanor Gilbane (General counsel) have been granted a total of 521,909 and 260,955 options, respectively. The options are granted in accordance with the Company's guidelines for remuneration of senior executives and board members, as approved by the Company's annual general meeting on 25 April 2023. Each option provides a right to acquire one share in the Company at the exercise price, equal to NOK 12.546. The options vest in three equal tranches over the period from 1 January 2027 to 1 January 2029, subject to the holder’s continued employment with the Company. Notifications of the transaction in accordance with the Market Abuse Regulation Article 19 are attached to this announcement. This disclosure is made pursuant to Article 19 of the EU Market Abuse Regulation (mandatory notification of trades by persons discharging managerial responsibilities and persons closely associated with them) and Section 5-12 of the Norwegian Securities Trading Act.