Notification pursuant to section 4-2: purchase of Otello Corp ASA shares

Anooj Unarket, Board member of Otello Corporation ASA, has as of 3 October 2019 purchased, on behalf of certain related parties, 107,413 shares in Otello Corporation ASA at a price of NOK 15.11 per share.

The balance of Anooj Unarket and related parties' holdings after the transaction totals 30,759,665 shares.