OTOVO: Otovo and InCharge Energy Partner to Offer Solar, Battery Storage and EV Charging Services Across U.S.

Launching in California, Arizona, Texas, and Florida, with additional state
launches planned by the end of 2026

HOUSTON, TX and LOS ANGELES, CA, September 24, 2026 - Otovo ASA (Euronext Oslo
Børs: OTOVO; "Otovo"), a leading provider of behind-the-meter energy services
for homes and businesses, today announced a service partnership with InCharge
Energy ("InCharge"), a trusted national provider of EV charging installation and
maintenance services. By combining their service offerings, which together span
more than 100,000 energy assets, Otovo and InCharge can provide commercial
customers with a single service relationship covering solar, battery storage,
and EV charging equipment across key U.S. markets.

Together, Otovo and InCharge will offer each other's preventive maintenance
plans, with each company dispatching its own technicians, expanding the
footprint and capabilities of each service provider. Otovo will bring its
EnduranceTM AI platform to the shared work, so a job originating with either
company is logged, dispatched and closed against one record of the site. Each
company continues to sell and perform under its own brand.

 
InCharge Energy operates more than 40,000 EV chargers across the U.S.

"We built this partnership around a simple idea: a customer shouldn't need
multiple vendors just because their energy assets came from different systems,"
said William J. (John) Berger, Chief Executive Officer of Otovo. "By joining
forces on commercial energy service, we can seamlessly integrate work orders
through EnduranceTM, giving customers one call and one relationship instead of
separate vendors and contracts for every system on site."

"Technology alone doesn't keep critical energy infrastructure operating - it
takes highly-skilled people in the field," said Rich Mohr, Chief Executive
Officer of InCharge Energy. "Otovo and InCharge have both made significant
investments in technical talent and electrical field service capabilities, and
we will continue to invest as these systems become more critical to our
customers' operations. By utilizing InControlTM and EnduranceTM together, we can
bring better asset intelligence to our field teams and enable a more proactive
approach to how EV charging, solar, battery storage and supporting electrical
infrastructure are managed and maintained."

The partnership draws on established scale on both sides. Otovo currently
services more than 60,000 customers, and InCharge's InControl software platform
connects and supports more than 40,000 EV charging assets across more than 1,060
completed infrastructure projects. In 2025, InCharge's team completed more than
24,000 support cases, resolving approximately 80% of charger issues remotely,
with the InControl platform maintaining 99.99% uptime. 

InCharge's broader network spans every U.S. state and Canadian province,
supported by regional sales and service offices in Los Angeles, CA, Richmond,
VA, and Fort Worth, TX, and includes more than 100 field service staff. That
scale underpins the companies' plans to expand this partnership into new
markets.

Work orders will pass directly between Otovo and InCharge, with EnduranceTM,
Otovo's industry-leading AI platform, handling intake, dispatch and scheduling
on the Otovo side. Each company will act as a reseller of the other's preventive
maintenance plans in the launch geographies, holding its own customer
relationship. Pricing on the reciprocal plans is matched between the companies.

The partnership addresses a structural gap for commercial sites carrying
multiple energy assets. A property with rooftop solar, battery storage, EV
chargers and a backup generator typically holds a separate contract, a separate
response commitment and a separate point of contact for each one. 

About InCharge Energy 
InCharge Energy is a full lifecycle energy infrastructure partner, delivering EV
charging, electrical and lighting, and distributed energy solutions. InCharge
supports customers from initial concept and construction through long-term
ongoing operations and maintenance. By providing one accountable partner across
the energy lifecycle, InCharge Energy helps organizations operate more reliably,
scale with confidence, and reduce total cost of ownership through best-in-class
service and maintenance. More information is available at www.inchargeus.com. 

About Otovo
Otovo is an AI-Native behind-the-meter energy services company serving homes and
businesses across 15 European markets, Israel and the United States. Otovo
combines equipment monitoring, rapid repairs, dependable power supply and grid
participation in one service. EnduranceTM, Otovo's AI platform, monitors
installed equipment, optimizes service from problem detection to resolution and
coordinates repairs around the clock. "Your Power, Backed by OursTM." Otovo is
listed on Euronext Oslo Børs under the ticker OTOVO. Visit us at www.otovo.com.

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Contact

Matt Dallas
917-363-1333
matt.dallas@icrinc.com
cept as required by applicable law.\
Readers should not place undue reliance on forward-looking statements\, which\
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Contact\
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Matt Dallas\
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