Otello Corporation ASA

Major Shareholding Notification • Dec 9, 2021

To whom it may concern,

The mutual funds managed by Nordea Funds Ltd. have passed a disclosure threshold as specified below.

ID refers to Finanstilsynet's guidelines found here:

https://www.finanstilsynet.no/globalassets/laws-and-regulations/guidelines/securities-trading-actcomments-chapter-3-and-4.pdf

ID	Item	Value
A / 13.9.1.1	Name of the issuer of the shares	Otello Corp ASA
B / 13.9.1.2	Date when the ownership interest reached, exceeded or fell below a threshold established in the Securities Trading Act section 4-3 subsection (1)	Date: 08-12-2021
C / 13.9.1.3	(1) Name of the entity subject to a disclosure obligation, and (2) the name of shareholders which have assigned voting rights	Nordea Funds Ltd.
D / 13.9.1.4	Number of shares, rights or voting rights involved in transaction	497,574
E / 13.9.1.5	Number of voting rights, including the per centage of the share capital and voting rights held by entity following the transaction	5,224,599.00 4.65237%
F / 13.9.1.6	Percentage of shares and votes in the company held by the party concerned in the form of rights to shares
G / 13.9.1.7	The circumstance that triggered the disclosure obligation, and whether this applied to the party concerned himself or to related parties as mentioned in the Securities Trading Act section 2-5	Disposal due to Issuer initiated Share Buy Back Offer
H / 13.9.1.8	The chain of controlled companies through which the shares or rights are owned	N/A
I / 13.9.1.9	Notifications applying to rights to shares as mentioned in the Securities Trading Act section 4-3 subsection (4)