Elliptic Laboratories ASA — Share Issue/Capital Change 2025

May 26, 2025

Elliptic Labs New share capital registered

Elliptic Labs New share capital registered

Oslo, Norway --- Elliptic Labs (OSE: ELABS): Reference is made to the stock

exchange notice by Elliptic Laboratories ASA ("Elliptic Labs" or the

"Company") on 22 May 2025 regarding the share capital increase resolved by the

Company's board of directors in connection with the exercise of options under

the Company's share option program.

The share capital increase pertaining to the issuance of new shares has been

registered with the Norwegian Register of Business Enterprises:

Share capital: NOK 1 052 867.65

Total number of shares: 105 286 765

Par value of each share: NOK 0.01

Contacts

Investor Relations:

Lars Holmøy

Lars.Holmoy@ellipticlabs.com

PR Contact:

Patrick Tsui

pr@ellipticlabs.com

About Elliptic Labs

Elliptic Labs' AI Virtual Smart Sensor PlatformTM brings contextual

intelligence to devices, enhancing user experiences. Our technology uses

proprietary deep neural networks to create AI-powered Virtual Smart Sensors

that improve personalization, privacy, and productivity.

Currently deployed in over 500 million devices, our platform works across all

devices, operating systems, platforms, and applications. By utilizing

system-level telemetry data to cloud-based Large Language Models (LLMs), the

AI Virtual Smart Sensor Platform delivers the unrivaled capability to utilize

output data from every available data source. This approach allows devices to

better understand and respond to their environment, making technology more

intuitive and user-friendly. At Elliptic Labs, we're not just adapting to the

future of technology -- we're actively shaping it. Our goal is to continue

pushing the boundaries of contextual intelligence, creating more intuitive and

powerful experiences for users worldwide.

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

South-Korea, Taiwan, and Japan. The company is listed on the Oslo Stock

Exchange. Its technology and IP are developed in Norway and are solely owned

by the company.

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-05-26 12:30 CEST.