Reference is made to the stock exchange announcement regarding the share lending
arrangements entered into between the Company, Arctic Securities AS (on behalf
of the Managers) and certain shareholders as lenders in connection with the
private placement announced on 17 February 2022.

Arctic Securities AS has today re-delivered all 18,750,000 loaned shares to the
lenders. Please see the PDMR notifications attached. 

For further information, please contact: 
Lars Ekeland, General Counsel
Phone: +47 91 60 70 53

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Disclosure Regulation:
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the
roof. Otovo is a marketplace that organizes hundreds of local, high-quality, and
qualified energy installers. The company uses its proprietary technology to
analyze 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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