Otello Corporation ASA

Major Shareholding Notification • Mar 11, 2022

Notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

OTELLO CORPORATION ASA

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii: Issuer initiated capital reduction X

3. Details of person subject to the notification obligationiv

Name	Société Générale SA (SG SA)
City and country of registered office (if applicable)	Puteaux, France

4. Full name of shareholder(s) (if different from 3.)^v

Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:	10/03/2022
6. Date on which issuer notified (DD/MM/YYYY):	11/03/2022

7. Total positions of person(s) subject to the notification obligation

	% of voting rights at tached to shares (to tal of 8. A)	% of voting rights through financial instru ments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights is suedvii
Resulting situation on the date on which threshold was crossed or reached	5.03870%	0.00	5.03870%	101,099,727
Position of previous notification (if applicable)	N/A	N/A	N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares
Class/type of	Number of voting rights ix		% of voting rights
shares ISIN code (if possible)	Direct (DTR5.1)	Indirect (DTR5.2.1)	Direct (DTR5.1)	Indirect (DTR5.2.1)
NO0010040611 Ordinary shares	5,094,111	0	5.03870%	0.00%
NO0010040611 Borrowed Ordinary shares	0	0	0.00%	0.00%
SUBTOTAL 8. A	5,094,111		5.03870%

B 1: Financial Instruments
Type of financial in Expiration strument date x		Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights
		SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect
Type of financial in strument	Exercise/ Expiration Conversion date x Period xi		Physical or cash settlement xii	Number of voting rights	% of voting rights
		SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii X

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial in struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held

11. Additional informationxvi
Place of completion	Paris, France

Date of completion	th March 11 , 2022

Annex: Notification of major holdings (to be filed with the Oslo Stock Exchange only)

A: Identity of the person subject to the notification obligation
Full name (including legal form for legal entities)	Société Générale S.A.
Contact address (registered office for legal entities)	29 Boulevard Haussmann, 75009 Paris, France
E-Mail
Phone number / Fax number
Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable
Full name	Disclosure team
Contact address	Société Générale SA CPLE/WSB 189 rue d'Aubervilliers 75886 PARIS CEDEX 18
E-Mail	list.par-cple-ssdteam@sgcib.com
Phone number / Fax number	+33 (0) 1 42 14 92 74
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obli gation)

C: Additional information