Otovo ASA

AGM Information • Dec 11, 2025

OTOVO ASA – Corrected Minutes of the Extraordinary General meeting

OTOVO ASA – Corrected Minutes of the Extraordinary General meeting

Corrected version.

Attached are the corrected minutes from the extraordinary general meeting of Otovo ASA held on 5 December 2025. The amendment concerns an update to the list of shareholders in Onvis inc. which may in total subscribe for 234,438,180 new shares in Otovo ASA pursuant to the extraordinary general meeting's resolution to issue up to 235,000,000 new shares. For the avoidance of doubt, this is just a specification of the actual subscription number by Onvis Inc in Otovo ASA. None of the investors in Onvis Inc. has withdrawn from the subscription.

An extraordinary general meeting of Otovo ASA was held today, on 5 December 2025 at 09:00 AM CET. All proposals on the agenda were adopted. Minutes of the general meeting are attached hereto and made available on the Company's investor website (https://investor.otovo.com/reports).

The general meeting was opened by the chair of the board of directors, Lars Erik Torjussen, and the meeting was chaired by Lars Martin Sveen, lawyer and partner in Advokatfirmaet Thommessen AS. Lars Martin Sveen informed about the attendance.

In total, 201,101,408 shares were represented at the extraordinary general meeting, equalling 71.82% of the total number of issued shares and votes in the Company.

All matters were approved in accordance with the notice. Please see the minutes for more information.

This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.

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For further queries, please contact:

William J. (John) Berger, incoming Chief Executive Officer

Email: john.berger@otovo.ai

Andreas Thorsheim, incoming Chief Product Officer

Email: athornor@otovo.com

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About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the roof, and batteries in the home. Otovo is a marketplace that organises hundreds of local, high quality and qualified energy installers. The company uses its proprietary technology to analyse the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers. Follow us on investor.otovo.com for reports, financial calendar, contact details, and more.