Otello Corporation ASA

Major Shareholding Notification • Sep 6, 2021

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: 06-09-2021
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 involved in transaction	596.109
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	• Disclosure threshold crossed: 5% • Voting rights: 5,722,173.00 • % of total voting rights: 4.58692% • % of total shares: 4.58692%
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	0%
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	Reduction in shareholdings due to sell of 596.109 shares.
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)	N/A