Otello Corporation ASA

Transaction in Own Shares • Jun 16, 2020

Mandatory notification of trade

Mandatory notification of trade

On June 15th 2020, DNB has, on behalf of Otello Corporation, purchased 15 588

shares for use in the group's employee share purchase plan (ESPP). The shares

have been acquired at a price of NOK 12.5038. The discounted share price to the

employees is NOK 10.0030 per share. The following primary insiders have

purchased shares:

Jason Hoida purchased 1,599 shares at NOK 10.0030. Jason Hoida holds 162,500

unexercised options in the Company. As of today the primary insider holds 11 599

shares in the Company.

Jørgen Jordet purchased 1,599 shares at NOK 10.0030. Jørgen Jordet holds 37,500

unexercised options in the Company. As of today the primary insider holds 3 869

shares in the Company.

Lars Boilesen purchased 1 599 shares at NOK 10.0030. Lars Boilesen holds 900,000

unexercised options in the Company. As of today the primary insider holds 258

980 shares in the Company.

Petter Lade purchased 1,599 shares at NOK 10.0030. Petter Lade holds 205,000

unexercised options in the Company. As of today the primary insider holds 66 255

shares in the Company.

Philip Alexander Tyman purchased 799 shares at NOK 10.0030. Philip Alexander

Tyman holds 37,500 unexercised options in the Company. As of today the primary

insider holds 2 869 shares in the Company.

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.