On 30 January 2023, Obos BBL ("Obos"), a close associate of primary insider and
Otovo board member Ingunn Randa Andersen, bought 150,000 shares in Otovo at an
average price of NOK 17.4313. After the transaction, Obos holds 5,812,594 shares
corresponding to 3.91 percent of the outstanding shares in Otovo.

The PDMR form of the transaction is attached to this message, together with the
PDMR forms from the transactions announced today at 16.37 CET.

This information is subject to disclosure under the Norwegian Securities Act
section §5-12.

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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, vetted, high quality 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.

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