Otello Corporation ASA

Otello Corporation ASA - Buyback of shares

Oslo, 12 April 2021

In reference to the buyback program announced 7 April 2021, Otello Corporation

ASA has purchased 109 000 of its own shares. The shares were purchased at an

average price of NOK 31,1111 per share.

Date Number of shares Weighted average price

08 April 21 55 000 31,0062

09 April 21 54 000 31,2179

Following this transaction, Otello Corporation ASA owns 990 445 of its own

shares.

A detailed overview of all transactions made under the buyback program is

attached.

Petter Lade, CFO

Phone: +47 91143878

About Otello:

Otello holds shares in several different businesses, including (i) AdColony

which helps publishers monetize their content through advertising and

advertisers reach the audiences that build value for their businesses,

capitalizing on a global consumer audience reach that exceeds 2 billion; (ii)

Bemobi, a Mobile Media and Entertainment company which integrate people and

mobile content through technology and offers a leading subscription-based

discovery service for mobile apps in Latin America and beyond; (iii) Skyfire

which offers cloud-based network solutions for mobile operators and (iv) Vewd

which offers OTT services in the Connected TV space.

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