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Otello Corporation ASA

Notice of Dividend Amount Jul 28, 2022

3704_rns_2022-07-28_ef81a421-cfdb-4192-885e-20447b63d34a.html

Notice of Dividend Amount

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Key information relating to cash dividend to be paid by Otello Corporation ASA

Key information relating to cash dividend to be paid by Otello Corporation ASA

The Board of Otello Corporation ASA (OSE: OTEC) has resolved to pay a dividend

payment of NOK 21 per share, NOK 1 913 094 309 in total.

The dividend is resolved pursuant to the Authorization granted by the Annual

General Meeting held on 2 June 2022.

Otello Corporation ASA's cash position as of today is approximately 2 090

million NOK.

Key information relating to the cash dividend:

Issuer: Otello Corporation ASA

Dividend amount: 21 NOK per share and 1 913 094 309 NOK in total

Announced currency: NOK

Last day including right: 8 August 2022

Ex-date: 9 August 2022

Record date: 10 August 2022

Payment date: 18 August 2022

Date of approval: 28 July 2022

This information is published in accordance with the requirements of the

Continuing Obligations.

Petter Lade, CFO

Phone: +47 91143878

E-mail: [email protected]

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