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Regulatory press release

OTOVO ASA - Registration of reverse share split

Otovo
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
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