Otello Corporation ASA

AGM Information • May 11, 2022

Calling notice for Annual General Meeting

Calling notice for Annual General Meeting

The Board of Directors hereby calls for an Annual General Meeting to be held in

Otello Corporation ASA (the "Company") on Thursday June 2, 2022, at

9:00am Norwegian time in the offices at Schjødt law-firm, Ruseløkkveien 14,

Oslo, Norway.

Shareholders may provide votes prior to the AGM by submission of a proxy. Proxy

forms are attached the calling notice as Enclosure E.

The Company has arranged for shareholders to be able to call in to the AGM and

as such participate in the meeting and have the possibility to raise questions

to the Company's representatives. Votes cannot be cast by phone. Call-in details

are given in the attached calling notice.

Attendance and proxy forms attached the calling notice as Enclosure E must be

received no later than noon/12.00 a.m. (CET) Sunday May 29, 2022. The Board of

Directors' report and the annual accounts, together with the auditor's report

for 2021 (Enclosure A to the calling notice) are contained in the annual report

and are available at www.otellocorp.com.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com