Otovo ASA

AGM Information • Dec 11, 2025

OTOVO ASA – New share capital registered

OTOVO ASA – New share capital registered

Oslo, 11 December 2025: Reference is made to the stock exchange notice published by Otovo ASA (the "Company" or "Otovo") on 5 December 2025, as corrected today on 11 December 2025, regarding the resolution by the Company's extraordinary general meeting to issue (i) up to 235,000,000 new shares to the shareholders of Onvis inc., as consideration for the acquisition of up to all issued and outstanding shares in Onvis as announced on 5 December 2025, and (ii) new shares in the private placement where the Company received valid subscription for a total of 16,945,242 new shares as announced by the Company on 8 November 2025.

The share capital increase pertaining the issuance of (i) 234,438,180 new shares to the shareholders of Onvis inc. and (ii) 16,945,242 new shares to the subscribers in the private placement has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

Following the registration, the Company's share capital is NOK 5,313,908.06, divided into 531,390,806 shares, each with a nominal value of NOK 0.01. For more information about the share issues, please see the above mentioned announcements.

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

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For further information, please contact:

William J. (John) Berger, Chief Executive Officer

Email: john.berger@otovo.ai

Andreas Thorsheim, Chief Product Officer

Email: andreas.thorsheim@otovo.com