NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED
STATES OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Oslo, 26 March 2026: Reference is made to the stock exchange announcement
published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 16 March
2026, regarding the commencement of the subscription period in the subsequent
offering of up to 550,000 new shares in the Company (the "Offer Shares") at a
subscription price of NOK 20.00 per Offer Share, raising gross proceeds of up to
NOK 11 million (however always limited upwards to the NOK equivalent of EUR 1
million) (the "Subsequent Offering"). 

The subscription period in the Subsequent Offering will expire today, 26 March
2026, at 16:30 CET. 

Subscriptions for Offer Shares must be made by submitting a correctly completed
subscription form ("Subscription Form") to the Manager (as defined below) no
later than today, 26 March 2026, at 16:30 CET, or may, for subscribers who are
residents of Norway with a national identity number (Nw.: fødselsnummer), be
made by way of online subscription through VPS online subscription system.
Further instructions regarding the subscription procedure are set out in the
Subscription Form.

The payment for Offer Shares allocated to subscribers in the Subsequent Offering
falls due on or about 31 March 2026. The Offer Shares will, following
registration of the share capital increase pertaining to the Subsequent Offering
in the Norwegian Register of Business Enterprises ("NRBE"), expected on or about
9 April 2026, be registered in the Norwegian central securities depository,
Euronext Securities Oslo ("VPS") in book-entry form and are expected to be
delivered to the subscribers' VPS account on or about 10 April 2026 subject to
timely registration of the share capital increase pertaining to the Subsequent
Offering with the NRBE. The Offer Shares are expected to be listed on Euronext
Growth Oslo on or about 10 April 2026.

The completion of the Subsequent Offering remains subject to (i) the board of
directors resolving to increase the Company's share capital through issuance of
the Offer Shares pursuant to the authorisation granted to the board of directors
by the extraordinary general meeting on 11 March 2026, (ii) duly made payments
of the Offer Shares by the subscribers, (iii) registration of the share capital
increase pertaining to the Subsequent Offering with the NRBE, and (iv) issuance
and delivery of the Offer Shares to the subscribers in VPS.

Please see the Subscription Form for more information about the Subsequent
Offering and the subscription procedures. The Subscription Form is made
electronically available at the following website:
www.paretosec.com/transactions

Subscriptions may only be made on the basis of the Subscription Form. 

Advisors
Pareto Securities AS is acting as sole manager (the "Manager") in connection
with the Subsequent Offering. 

Advokatfirmaet Simonsen Vogt Wiig AS is acting as legal counsel to the Company.

Contacts
For more information, please contact:
Jon Øyvind Eriksen, chair of the board of directors, +47 93 06 03 30,
admin@sonstad.no 
Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com

Disclosure
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

About Huddly AS
Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in to empower human collaboration.
Combining our industry-leading expertise in artificial intelligence, software,
hardware, and UX, we craft intelligent camera systems that enable inclusive and
productive teamwork. Huddly cameras are designed to provide high-quality,
AI-powered video meetings on major platforms, including Microsoft Teams, Zoom,
and Google Meet. With upgradable software, durable hardware, and engaging user
experiences, they are the ideal choice for organizations seeking a future-proof,
scalable, and sustainable solution. Founded in 2013, Huddly is headquartered in
Oslo, Norway, with presence in the US and EMEA and distribution globally.

Important notice
This announcement is not, and does not form a part of, any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. The
distribution of this announcement and other information may be restricted by law
in certain jurisdictions. Copies of this announcement are not being made and may
not be distributed or sent into any jurisdiction in which such distribution
would be unlawful or would require registration or other measures. Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions. 

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933 (the "U.S. Securities Act"),
and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the U.S. Securities Act and in accordance with applicable U.S. state securities
laws. The Company does not intend to register any part of the offering or their
securities in the United States or to conduct a public offering of securities in
the United States. Notwithstanding the foregoing, the Offer Shares may be
offered to, or on behalf of, (i) persons in the United States reasonably
believed to be "qualified institutional buyers" ("QIBs") as defined in the U.S.
Securities Act, in offerings exempt from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act, provided such persons
satisfy to the Company that they are eligible to participate on such basis, and
(ii) outside the United States to certain persons in offshore transactions in
compliance with Regulation S under the U.S. Securities Act, and in accordance
with any applicable securities laws of any state or territory of the United
States or any other jurisdiction. Any sale in the United States of the
securities mentioned in this announcement will be made solely to the
aforementioned category of persons, as well as to "major U.S. institutional
investors" as defined in Rule 15a-6 under the United States Exchange Act of
1934, as amended. 

In any EEA Member State, this communication is only addressed to and is only
directed at qualified investors in that EEA Member State within the meaning of
the Prospectus Regulation, i.e., only to investors who can receive the offer
without an approved prospectus in such EEA Member State. The expression
"Prospectus Regulation" means Regulation 2017/1129 as amended together with any
applicable implementing measures in any EEA Member State. 

In the United Kingdom, this communication is only being distributed to and is
only directed at persons that are (i) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities,
and other persons to whom this announcement may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together
being referred to as "relevant persons"). This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment or
investment activity to which this communication relates is available only for
relevant persons and will be engaged in only with relevant persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so. 

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this release are based
upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believes that these assumptions were
reasonable when made, the assumptions are inherently subject to significant
known and unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond the
Company's control. 

Actual events may differ significantly from any anticipated development due to a
number of factors, including without limitation, changes in investment levels
and need for the Company's services, changes in the general economic, political
and market conditions in the markets in which the Company operates, the
Company's ability to attract, retain and motivate qualified personnel, changes
in the Company's ability to engage in commercially acceptable acquisitions and
strategic investments, and changes in laws and regulation and the potential
impact of legal proceedings and actions. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by
forward-looking statements. The Company does not provide any guarantees that the
assumptions underlying the forward-looking statements in this announcement are
free from errors nor does it accept any responsibility for the future accuracy
of the opinions expressed in this announcement or any obligation to update or
revise the statements in this announcement to reflect subsequent events. You
should not place undue reliance on any forward-looking statements in this
announcement. 

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date and are subject to change without notice.
The Company does not undertake any obligation to review, update, confirm, or to
release publicly any revisions to any forward-looking statements to reflect
events that occur or circumstances that arise in relation to the content of this
announcement. Neither the Manager nor any of its affiliates make any
representation as to the accuracy or completeness of this announcement and none
of them accept any responsibility for the contents of this announcement or any
matters referred to herein. 

This announcement is for information purposes only and is not to be relied upon
in substitution for the exercise of independent judgment. It is not intended as
investment advice and under no circumstances is it to be used or considered as
an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities in the Company. Neither the Manager
nor any of its affiliates accept any liability arising from the use of this
announcement. 

This announcement is an advertisement and is not a prospectus for the purposes
of the Prospectus Regulation as amended together with any applicable
implementing measures in any EEA Member State. In the United Kingdom, this
announcement is not a prospectus for the purposes of the Public Offers and
Admissions to Trading Regulations 2024.