Reference is made to the stock exchange notice from 8 June 2026 announcing the
initiation of the share buyback program for Otello Corporation ASA (the
Company). From 22 June 2026 through 26 June 2026, Pareto Securities AS has
bought 52,419 shares on behalf of the Company at an average price of NOK 17.07
and a total value of NOK 894,938. Since the initiation of this share buyback
program a total of 204,028 shares at an average price of NOK 17.12 and a total
value of NOK 3,492,944 have been acquired. The maximum consideration to be paid
for shares acquired under this buyback program is NOK 20 per share and the
maximum number of shares that can be purchased under this buyback program is
2,192,046. At present date, Otello owns 5,391,032 treasury shares in the
Company, including those bought in the previous buyback programs. The shares are
purchased in accordance with the authorization granted at the Company's annual
general meeting on 3 June 2026.
l meeting on 3 June 2026.\