The Board of Directors hereby calls for an Annual General Meeting to be held in
Otello Corporation ASA (the "Company") on Wednesday June 2, 2021 at
9:00am Norwegian time in the offices at Schjødt law-firm, Ruseløkkveien 14,
Oslo, Norway. Due to the extraordinary situation with Covid-19, shareholders are
strongly encouraged not to attend the AGM in person, but rather provide
electronic votes or voting proxies prior to the meeting. Shareholders may
provide votes prior to the AGM via the electronic VPS system or by advance
voting or submission of a proxy.

Proxy forms are attached the calling notice as Enclosure F. The Company has
arranged for shareholders to be able to call in to the AGM and as such
participate in the meeting and have the possibility to raise questions to the
Company's representatives. Votes cannot be cast by phone. Call-in details are
given in the attached calling notice. Attendance and proxy forms attached the
calling notice as Enclosure F must be received no later than noon/12.00 a.m.
(CET) Saturday May 29, 2021. The Board of Directors' report and the annual
accounts, together with the auditor's report for 2020 (Enclosure A to the
calling notice), are contained in the annual report and are available
at http://www.otellocorp.com (https://eur03.safelinks.protection.outlook.com/?ur
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Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com