Corrected version.

Attached are the corrected minutes from the extraordinary general meeting of
Otovo ASA held on 5 December 2025. The amendment concerns an update to the list
of shareholders in Onvis inc. which may in total subscribe for 234,438,180 new
shares in Otovo ASA pursuant to the extraordinary general meeting's resolution
to issue up to 235,000,000 new shares. For the avoidance of doubt, this is just
a specification of the actual subscription number by Onvis Inc in Otovo ASA.
None of the investors in Onvis Inc. has withdrawn from the subscription.

An extraordinary general meeting of Otovo ASA was held today, on 5 December 2025
at 09:00 AM CET. All proposals on the agenda were adopted. Minutes of the
general meeting are attached hereto and made available on the Company's investor
website (https://investor.otovo.com/reports).

The general meeting was opened by the chair of the board of directors, Lars Erik
Torjussen, and the meeting was chaired by Lars Martin Sveen, lawyer and partner
in Advokatfirmaet Thommessen AS. Lars Martin Sveen informed about the
attendance.

In total, 201,101,408 shares were represented at the extraordinary general
meeting, equalling 71.82% of the total number of issued shares and votes in the
Company.

All matters were approved in accordance with the notice. Please see the minutes
for more information.

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

***

For further queries, please contact:
William J. (John) Berger, incoming Chief Executive Officer
Email: john.berger@otovo.ai

Andreas Thorsheim, incoming Chief Product Officer
Email: athornor@otovo.com

***

About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the
roof, and batteries in the home. Otovo is a marketplace that organises hundreds
of local, high quality and qualified energy installers. The company uses its
proprietary technology to analyse the potential of any home and finds the best
price and installer for customers based on an automatic bidding process between
available installers. Follow us on investor.otovo.com for reports, financial
calendar, contact details, and more.