Mandatory notification of trades

The following primary insiders have bought shares in Otovo AS on 11 and 14 June 2021: Simen Fure Jørgensen (through Simvest AS): 29,478 at NOK 13.0 Andreas Bentzen (through Beacon Group AS): 18,000 at average price of NOK 12.716 In addition, Otovo’s largest shareholder Axel Johnson has bought 410,000 shares at NOK 12.9 through its wholly owned subsidiary AxSol AB. The CEO of AxSol AB, Johan Bergström, is Axel Johnson’s representative on the board of directors of Otovo. The notification forms with further information are attached to this message, including the form for the transaction carried out by AxSol AB that was notified on 11 June. *** This information is subject to disclosure under the Norwegian Securities Act section §5-12. *** About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the roof. Otovo is a marketplace that organizes hundreds of local, high-quality, and qualified energy installers. The company uses its proprietary technology to analyze the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers. Follow us on investor.otovo.com for reports, financial calendar, contact details, and more.