Otello Corporation ASA

Remuneration Information • Mar 14, 2016

Grant of restricted share units

Grant of restricted share units

The Board of Directors of Opera Software ASA granted a total of 1,160,833

restricted share units ("RSUs") of which 1,120,833 are performance based, on 11.

March, 2016.

The following primary insider was granted RSUs:

Will Kassoy, CEO Opera Mediaworks 329,167 performance based RSUs. The

performance based RSUs will, provided that the criteria are met, vest in August

2017 and December 2018. After this grant, the employee holds 344,916 RSUs, and

188,488 shares in Opera Software ASA.

Petter Lade, Investor Relations

Tel: +47 2369 2400

About Opera Software ASA

Opera enables more than 350 million internet consumers worldwide to connect with

the content and services that matter most to them. Opera also 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 1 billion.