Elliptic Laboratories ASA — Share Issue/Capital Change 2021

Sep 30, 2021

Elliptic Labs – Ex. share split today

Elliptic Labs – Ex. share split today

Issuer name: Elliptic Laboratories AS

Ex. date: 30 September 2021

Type of corporate action: share split

Ratio: one (1) old share give ten (10) new shares

Reference is made to the key information published on 17 September 2021 and the general meeting held 24 September 2021. All documents regarding the extraordinary general meeting are available at: www.ellipticlabs.com.

This information is published in accordance with the requirements of the Continuing Obligations.

For further queries, please contact:

Lars Holmøy, CFO, Lars.Holmoy@ellipticlabs.com

About Elliptic Labs:

Elliptic Labs is headquartered in Norway with presence in the USA, China, South-Korea, Taiwan, and Japan. Founded in 2006 as a research spin-off from Norway’s Oslo University, Elliptic Labs filed its IPO with the Euronext Growth Market in October, 2020. Elliptic Labs is now a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. The Company’s patented AI software combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gesture, proximity, and presence sensing experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 150 million devices. Elliptic Labs is the only software company in the market that has delivered detection capabilities using AI software, ultrasound and sensor-fusion deployed at scale. Elliptic Labs’ technology and IP are developed in Norway and solely owned by the Company.