Delivery of shares under Otovo’s share purchase programme

Otovo ASA (the “Company”) has on 3 January 2025 resolved to deliver 401,415 shares to participants in the Company’s share purchase program. The program was established on 1 December 2020 and the participants that are still employed after four years receive one retention share for every two shares purchased at the start of the program. The shares delivered are part of the Company’s treasury shares and are delivered against no payment. The following primary insiders will receive retention shares: Andreas Thorsheim, CEO: 7,150 shares Simen Fure Jørgensen, COO: 7,150 shares Paulina Ackermann, CFOO: 71,520 shares Details of the transactions are attached. For further information, please contact Petter Ulset, CFO (petterul@otovo.com) *** About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the roof, and batteries in the home. Otovo is a marketplace that organises hundreds of local, high quality and qualified energy installers. The company uses its proprietary technology to analyse 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.