Elliptic Laboratories ASA — Director's Dealing 2022

Sep 9, 2022

Elliptic Labs Mandatory notification of trade by close associate

Elliptic Labs Mandatory notification of trade by close associate

Oslo, Norway: The following close associate to a primary insider has carried

out the following transaction:

Passesta AS, a company owned by the chairman of the board Tore Engebretsen and

his immediate family, has acquired 100 000 shares in Elliptic Laboratories ASA

at a price of NOK 17.78 per share, equal to an aggregate amount of

approximately NOK 1.77 million. After the transaction, Passesta AS and Tore

Engebretsen own 12 680 480 shares in Elliptic Labs, equal to approximately

12.18% of the shares and votes.

See the enclosed form for further details about the transaction.

Contacts

Investor Relations:

Lars Holmøy

Lars.Holmoy@ellipticlabs.com (mailto:Lars.Holmoy@ellipticlabs.com)

PR Contact:

Patrick Tsui

pr@ellipticlabs.com (mailto:pr@ellipticlabs.com)

About Elliptic Labs

Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT,

and automotive markets. Founded in 2006 as a research spin-off from Norway s

Oslo University, the company s patented software uses AI, ultrasound, and

sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D

gesture-, proximity-, presence-, breathing-, and heartbeat -detection

experiences. Its scalable AI Virtual Smart Sensor PlatformTM creates

software-only sensors that are sustainable, human-friendly, and already

deployed in hundreds of millions of devices around the world. Elliptic Labs is

the only software company that has delivered detection capabilities using AI

software, ultrasound, and sensor-fusion deployed at scale. The company is

listed on the Oslo Børs.

Elliptic Labs is headquartered in Norway with presence in the USA, China,

South -Korea, Taiwan, and Japan. Its technology and IP are developed in Norway

and are solely owned by the company.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 19 no. 3. The information was submitted for publication

at 2022-09-09 18:00 CEST.

Attachments

KRT 1500 Template For Notification Of Transactions By Persons Discharging

Managerial Responsibilities (PDMR) And Persons Closely Associated With Them

(https://storage.mfn.se/c3732a66-8e1c-48d6-b7c9-9af052ef5213/krt-1500-template-for-notification-of-transactions-by-persons-discharging-managerial-responsibilities-pdmr-and-persons-closely-associated-with-them.pdf)

Elliptic Labs Notification Of Transaction By Close Associate

(https://storage.mfn.se/fd288909-8031-42cb-a49a-18c17e06af5e/elliptic-labs-notification-of-transaction-by-close-associate.pdf)