Oslo, 14 January 2026 - On 14 January TORJUSSEN CONSULTING AS, a close associate
of primary insider and chairman of the board of directors, Lars Erik Torjussen,
bought 467,500 shares on the open market. The average price per share was
1.3055. Following the purchase, Mr. Torjussen directly and indirectly controls
467,500 shares in Otovo.

Further detail of the transaction is set forth in the attached notification. 

***

This information is subject to the disclosure requirements pursuant to section
5-12 and section 4-2 of the Norwegian Securities Trading Act.


***

About Otovo
Otovo is an AI-Native home and business energy services company in Europe and
the United States. We combine real-time equipment monitoring, rapid repairs,
dependable power supply, and grid participation into a single, seamless
service-delivering maximum service at a minimal cost. Endurance, Otovo's
industry-leading AI platform, continually monitors installed equipment in homes
and businesses, optimizes the entire service process from problem detection to
resolution, and coordinates repairs around the clock. "Your Power, Backed by
Ours." Otovo is listed on the Euronext Oslo Stock Exchange under the ticker
OTOVO. Visit us at https://otovo.ai/.