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Regulatory press release

OTOVO: Otovo signs EUR 105 million agreement to sell continental subscription assets to Swiss Life Asset Managers

Otovo
Otovo ASA ("Otovo" or "the Company") today signed a definitive agreement to sell
its continental(1) portfolio of subscription assets to FORTE PV S.à r.l. part of
a collective investment scheme managed by Swiss Life Asset Managers ("SLAM").

* EUR 105 million (NOK 1,209m) split on assets built in 2020-2024 of EUR ~50
million (NOK 580m) closing in Q1
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