Reference is made to the stock exchange notice from 22 September 2025 announcing the initiation of the share buyback program for Otello Corporation ASA (the Company). From 8 December 2025 through 12 December 2025, Pareto Securities AS has bought 283,200 shares on behalf of the Company at an average price of NOK 18.35 and a total value of NOK 5,197,899. Since the initiation of this share buyback program a total of 1,799,342 shares at an average price of NOK 16.23 and a total value of NOK 29,194,955 have been acquired. The maximum consideration to be paid for shares acquired under this buyback program is NOK 20 per share and the maximum number of shares that can be purchased under this buyback program is 3,689,541. At present date, Otello owns 1,799,342 treasury shares in the Company. The shares are purchased in accordance with the authorization granted at the company's annual general meeting on 15 September 2025.