Otello Corporation ASA

AGM Information • Dec 15, 2016

MINUTES EXTRAORDINARY GENERAL MEETING

MINUTES EXTRAORDINARY GENERAL MEETING

The Extraordinary General Meeting of Opera Software ASA was held today, 15

December 2016 from 09:00 to 10:00 CET at Felix Konferansesenter, Bryggetorget 3,

Oslo, Norway. The signed minutes from the Annual General Meeting are enclosed.

As proposed by the Board, the general meeting approved a dividend of NOK 15 per

share. The dividend will be paid to shareholders as per end of trading today, 15

December 2016, as registered with the VPS on 19 December 2016, meaning that the

shares are traded ex-dividend from tomorrow, 16 December 2016. It is expected

that payment can take place on or about 22 December 2016.

Further, the Board today appointed Audun W. Iversen as chairman of the Board.

Petter Lade, Investor Relations

Tel: +47 2369 2400