Otello Corporation ASA - Buyback of shares

Oslo, 3 May 2021 In reference to the buyback program announced 7 April 2021, Otello Corporation ASA has purchased 204 035 of its own shares. The shares were purchased at an average price of NOK 32,5271 per share. Date                      Number of shares           Weighted average price 26 April 21          45 078                                  32,2897 27 April 21          42 435                                  32,3109 28 April 21          31 358                                  32,0802 29 April 21          33 164                                  32,6278 30 April 21          52 000                                  33,1145 Following this transaction, Otello Corporation ASA owns 1 727 702 of its own shares. A detailed overview of all transactions made under the buyback program is attached. Petter Lade, CFO Phone: +47 91143878 E-mail: petterl@otellocorp.com