Reference is made to the stock exchange notice published on 4 April 2023 where
Otovo ASA (the "Company") published the notice of the annual general meeting to
be held on 25 April 2023 at 10:00 hours (CEST).

The size of the proposed authorisation for the Board of Directors to increase
the share capital in connection with the Company's employee share option
programme in agenda item 12 of the notice was due to a clerical error set to NOK
5,600,000. The correct size of the proposed board authorisation is NOK 56,000. 

Please find attached a revised notice and agenda for the annual general meeting
to this message where this has been corrected. No other revisions have been made
to the notice or its appendices

For further queries, please contact: 

Lars Ekeland, General Counsel

Phone: +47 91 60 70 53

***

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