Elliptic Labs Mandatory notification of trade by primary insider

Oslo, Norway --- The following primary insider has carried out the following transaction: Laila Danielsen, CEO, has sold 250 000 shares in Elliptic Laboratories ASA at a price of NOK 22.83, equal to an aggregate amount of approximately NOK 5.71 million. After the transaction, Laila Danielsen owns 4 374 150 shares in Elliptic Labs, equal to approximately 4.2% of the shares and votes. See the enclosed form for further details about the transaction. Contacts Investor Relations: Lars Holmøy Lars.Holmoy@ellipticlabs.com PR Contact: Patrick Tsui pr@ellipticlabs.com About Elliptic Labs Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off from Norway's Oslo University, the company's patented software uses AI, ultrasound, and sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D gesture-, proximity-, presence-, breathing-, and heartbeat -detection experiences. Its scalable AI Virtual Smart Sensor PlatformTM creates software-only sensors that are sustainable, human-friendly, and already deployed in hundreds of millions of devices around the world. Elliptic Labs is the only software company that has delivered detection capabilities using AI software, ultrasound, and sensor-fusion deployed at scale. The company is listed on the Oslo Børs. Elliptic Labs is headquartered in Norway with presence in the USA, China, South -Korea, Taiwan, and Japan. Its technology and IP are developed in Norway and are solely owned by the company. This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 19 no. 3. The information was submitted for publication at 2023-01-06 17:06 CET.