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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Regulatory press release

OTEC: Otello Corporation share buyback program status

Otello
Reference is made to the stock exchange notice from 9 February 2026 announcing
the initiation of the share buyback program for Otello Corporation ASA (the
Company). From 27 April 2026 through 30 April 2026, Pareto Securities AS has
bought 71,074 shares on behalf of the Company at an average price of NOK 18.84
and a total value of NOK 1,338,797. Since the initiation of this share buyback
program a total of 1,148,690 shares at an average price of NOK 18.27 and a total
value of NOK 20,988,861 have been acquired. The maximum consideration to be paid
for shares acquired under this buyback program is NOK 20 per share and the
maximum number of shares that can be purchased under this buyback program is
3,689,541. At present date, Otello owns 4,838,231 treasury shares in the
Company, including those bought in the previous buyback program. The shares are
purchased in accordance with the authorization granted at the company's
extraordinary general meeting on 15 September 2025.