Large Shareholder Disclosure

On the 21st June 2022 Sand Grove Opportunities Master Fund LTD and Sand Grove Tactical Fund LP transferred ownership of 28,477,673 shares of Otello Corp ASA (NO0010040611) to Sand Grove Opportunities AS.

Sand Grove Capital Management LLP continues to maintain voting discretion for 28,577,673 shares, which is equivalent to 31.370% of the total shares outstanding.