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Regulatory press release

OTEC: Major shareholding notification

Otello
Funds managed by DNB Asset Management sold 187,151 shares in Otello Corporation
ASA (OTEC NO) the 24th of June 2025.

Following this transaction, funds managed by DNB Asset Management AS hold a
total of 4,097,601 shares in the company, representing a direct ownership stake
of 4.99% of the total outstanding shares in Otello Corporation ASA.

Please see attachment on www.newsweb.no
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