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

Anooj Unarket, Board member of Otello Corporation ASA, has as of 4 October 2019
purchased, on behalf of certain related parties, 30,496 shares in Otello Corporation ASA at a
price of NOK 15.46 per share.

The balance of Anooj Unarket and related parties' holdings after the transaction totals
30,790,161 shares.