Otello Corporation ASA

Report Publication Announcement • Feb 18, 2021

Financial calendar

Financial calendar

Financial calendar for Otello Corporation ASA

FINANCIAL YEAR 2021

19.08.2021 - Half-yearly Report

26.04.2021 - Annual Report

02.06.2021 - Annual General Meeting

30.04.2021 - Quarterly Report - Q1

21.10.2021 - Quarterly Report - Q3

Following the successful IPO of Bemobi on Bovespa in Brazil, Otello Corporation ASA ("Otello") is now a major shareholder in Bemobi Brazil with an ownership below 50%. Consequently, Bemobi financials will not be consolidated into Otello's accounts going forward, but will be booked according to the equity method.

Furthermore, due to Brazilian regulatory requirements, Otello will not be able to provide any financial information for Bemobi prior to Bemobi Brazil reporting their numbers to the Brazilian Stock Exchange. As a result, Otello will not provide a formal Q4 2020 report on the 19th February 2021, but will instead provide a trading update on Friday 26th February 2021 which will include financial information as per Q4 2020 for AdColony.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com

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.

This information is published pursuant to the requirements set out in the Continuing obligations.