Otovo ASA ("Otovo" or "the Company") today completed the sale of its portfolio
of continental subscription assets to FORTE PV S.à r.l., part of a collective
investment scheme managed by Swiss Life Asset Managers ("SLAM"). Reference is
made to the announcement on 21 February 2025 regarding the signing of this
transaction. The total transaction is expected to come in at EUR 108 million, up
from previous estimate of EUR 105 million. 

* Final transaction size for first close totals EUR 57.8 million,  with a cash
release of EUR 13.2 million