Mandatory notification of trade

On June 21[st] 2021, DNB has, on behalf of Otello Corporation, purchased 2,532
shares for use in the group's employee share purchase plan (ESPP). The shares
have been acquired at a price of NOK 31.5947. The discounted share price to the
employees is NOK 25.2758 per share.

The following primary insiders have purchased shares:

Lars Boilesen purchased 633 shares at NOK 25.2758. As of today the primary
insider holds 260,613 shares in the Company.

Petter Lade purchased 633 shares at NOK 25.2758. As of today the primary insider
holds 66,888 shares in the Company.

Jason Hoida purchased 633 shares at NOK 25.2758. As of today the primary insider
holds 12,232 shares in the Company.

Philip Tyman purchased 633 shares at NOK 25.2758. Philip Alexander Tyman holds
37,500 unexercised options in the Company. As of today the primary insider holds
3,502 shares in the Company.



Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com