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Regulatory press release

OTOVO: Otovo and Solcellespesialisten Enter Agreement on Residential Customer Portfolio

Otovo
Otovo has entered an agreement regarding the voluntary transfer of approximately
5,000 former Solcellespesialisten residential solar installations to Otovo's
service and maintenance solution, Otovo Care.


OSLO, Norway, December 22, 2025 - Otovo today announced it has entered into a
strategic partnership with Energismart Norge AS to offer service solutions to
approximately 5,000 residential customers of former Solcellespesialisten
("SCS"), a solar installation company based in Østfold, Norway.

SCS entered bankruptcy on December 9, 2025
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