Stock exchange notices

• Aug 13, 2026 INSIDE INFORMATION

  OTOVO ASA – Q2 2026 RESULTS: RAISING 2026 GUIDANCE

  Oslo, 13 August 2026 Otovo ASA (Oslo Børs: OTOVO) today reported Q2 2026 revenue of USD 10.0 million and raised its guidance to USD 105–115 million in revenue and USD 15–20 million in Adjusted EBITDA, both on a Q4 26 run-rate basis. CEO comment "Q2 was a quarter where the model kept proving itself out. We grew our customer base to approximately 55,000, up over 80% from the first quarter, and our Endurance® platform stayed on track for full roll-out in the third quarter, which has already identified more than USD 5 million in annualized cost avoidance, up from the USD 4 million we flagged last quarter. Just as important, we're breaking the traditional link between field growth and office growth: Endurance® lets us scale technicians in the field without scaling the office behind them, and that operating leverage is what's driving our earnings capability higher each quarter. We expect further cost reductions throughout the second half, and we exited the quarter with a higher revenue run-rate and a leaner cost base than we entered it, a trajectory that continues through Q3 and into Q4. "Most importantly, that operating leverage and progress across the business gives us the confidence to meaningfully raise our outlook. We now expect a Q4 26 annualized run-rate revenue of USD 105 to 115 million and Adjusted EBITDA of USD 15 to 20 million, up from our prior guidance of USD 80 to 90 million and USD 2.5 to 7.5 million, with our year-end customer target raised to approximately 90,000 from 60,000. This reflects more B2B business potential, additional cost savings identified from Endurance®, and our accretive M&A pipeline, including the announced Green Panel transaction and three additional near-term transactions where we expect to sign LOIs in the coming weeks. Otovo 2.0 is scaling faster than we expected, and we're just getting started." Financial highlights: • USD 10.0m revenue, up 8% q/q, driven by strong growth in Field Services revenue and the first full quarter of EnergyAid consolidation, partly offset by lower Newbuild revenue amid the continued wind-down of the Legacy business • USD 2.3m adjusted group gross profit, up 28% q/q, driven by an improved revenue mix with more Field Services • USD 6.8m adjusted OpEx, down 9% q/q, with lower CAC and cost reductions offsetting the consolidation of EnergyAid • Adjusted EBITDA of USD -4.5m, improving USD 1.1m q/q and USD 1.5m y/y Business highlights: • ~55,000 customers as of 31 July 2026, up over 80% from Q1 26 and over 200% year-to-date • Endurance® roll-out on track for full completion in Q3 26, with more than USD 5m in identified annualized cost avoidance to date (pre Green Panel), up from USD 4m as of Q1 26 • SST acquisition closed (~USD 14m revenue) for a maximum consideration of USD 2.1m • Green Panel acquisition LOI announced (~USD 13m revenue, ~USD 3m EBIT) for USD 11m Outlook and guidance: • Exiting Q2 at a higher revenue run-rate and a lower OpEx run-rate than we entered it – same trajectory continuing through Q3 and into Q4 • Technician headcount expected to more than triple by year-end 2026 following the Green Panel close • SST to be consolidated from Q3 26; Green Panel close expected during Q3 26 • OpEx reductions from SaaS terminations, office closures and lower payroll costs towards YE26 • Q4 26 annualized run-rate revenue expected of USD 105-115m (prior guide: USD 80-90m) • Q4 26 annualized run-rate Adj. EBITDA expected of USD 15-20m (prior guide: USD 2.5-7.5m) • Year-end 2026 customers expected at ~90,000 (prior guide: ~60,000) • Updated guidance reflects more B2B business potential, additional cost savings identified from Endurance®, and all acquisitions closed to date plus the announced Green Panel transaction and three additional smaller M&A transactions expected to be announced in the coming weeks
• Aug 12, 2026 NON-REGULATORY PRESS RELEASES

  Invitation to Q2/H1 2026 presentation 13 August

  At 07:00 CET on 13 August 2026, Otovo will publish its H1 & Q2 2026 earnings report. CEO William J. (John) Berger and CFO Jennifer Santoscoy will give a presentation via webcast at 7:30 CET on August 13. The webcast can be viewed through the following link: https://investor.otovo.com/earnings-call For further information or questions please contact Investor Relations via e-mail to [email protected].
• Aug 05, 2026 NON-REGULATORY PRESS RELEASES

  Presentation Materials for Endurance AI Walkthrough

  Reference is made to the announcement dated 22-07-26 that Otovo ASA (“Otovo” or the “Company”) will host two investor calls on 05-08-26 featuring a live walkthrough of the Company’s proprietary Endurance® AI platform. Attached are materials which will be shown during the call.
• Jul 24, 2026 NON-REGULATORY PRESS RELEASES

  Presentation Materials for Endurance AI Walkthrough

  Reference is made to the announcement dated 22-07-26 that Otovo ASA (“Otovo” or the “Company”) will host two investor calls on 24-07-26 featuring a live walkthrough of the Company’s proprietary Endurance® AI platform. Attached are materials which will be shown during the call.
• Jul 22, 2026 NON-REGULATORY PRESS RELEASES

  Otovo to host investor calls with live walkthrough of Endurance® AI platform

  Otovo ASA (“Otovo” or the “Company”) will host two investor calls featuring a live walkthrough of the Company’s proprietary Endurance® AI platform, which is replacing fragmented third-party software, while also increasing scale, customer value and synergies from acquisitions. The calls are arranged in connection with ROTH Capital Partners and Arctic Securities, respectively, and are open to institutional and other investors as further detailed below. During the calls, management will demonstrate Endurance® live and discuss how the platform is: • replacing a fragmented stack of third-party SaaS tools with a single, proprietary platform, yielding approximately $5 million of annualized cost impact identified to date; • allowing revenue and customer volume to grow faster than overhead; • supporting a repeatable and less risky M&A strategy, with a six-person core technology team able to integrate newly acquired companies onto a common technology platform in approximately three weeks while extracting more synergies. Details of the investor calls Call 1 – ROTH Capital Partners (US investors) Date: Friday, 24 July 2026 Time: 17:00 CEST / 11:00 a.m. EST Participation (registration): https://roth.zoom.us/webinar/register/8016333555010/WN_-oWCznaFTliOl1DeczG6jg Call 2 – Arctic Securities Date: Wednesday, 5 August 2026 Time: 14:00 CEST / 8:00 a.m. EST Participation (live webcast): https://teams.microsoft.com/meet/320423290132452?p=3aoZMfonxdrsOYQ6k4 Attending from Otovo • William J. “John” Berger, Chief Executive Officer • Jack Berger, Head of AI and Software For further information, please contact [email protected].
• Jul 17, 2026 MAJOR SHAREHOLDINGS NOTIFICATION

  Otovo ASA: Disclosure of large shareholding - redelivery of shares in the Private Placement

  Reference is made to the announcement by Otovo ASA (the "Company" or "Otovo") on 3 July 2026 regarding a successful private placement and on 16 July 2026 regarding the registration of the new share capital. Reference is furthermore made to the disclosure of large shareholding by Å Energi Invest AS published on ticker "OTOVO" on 3 July 2026. The 5,852,652 shares in Otovo that were lent pursuant to the share lending agreement have today been redelivered. Following the redelivery of the shares, Å Energi Invest AS holds 10,233,258 shares in Otovo, equal to 12.85% of the total shares and votes in Otovo. Disclosure regulation This disclosure is made pursuant to Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.
• Jul 16, 2026 TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL

  Otovo ASA: New share capital registered

  Reference is made to the stock exchange announcement by Otovo ASA (the "Company") on 3 July 2026 regarding the successful private placement of 5 852 652 new shares in the Company (the "Offer Shares") at a subscription price of NOK 11.50 (the "Private Placement"). The share capital increase pertaining to the Private Placement has today been registered with the Norwegian Register of Business Enterprises. Following the registration, the share capital of the Company is NOK 7,964,845.60, divided on 79,648,456 shares, each with a nominal value of NOK 0.10. The newly issued shares have been delivered on a separate, unlisted ISIN pending publication of a listing prospectus. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
• Jul 02, 2026 MANAGERS’ TRANSACTION

  Otovo ASA: Mandatory Notification of Trade and Disclosure of Shareholding

  Reference is made to the announcement by Otovo ASA (the "Company" or "Otovo") on 2 July 2026 regarding a contemplated private placement to raise gross proceeds of the NOK equivalent of between USD 6 to 10 million (the "Private Placement") by issuance of new shares in the Company and a retail offering to raise gross proceeds of up to the NOK equivalent of EUR 1 million (the "Retail Offering", and together with the Private Placement, the “Offering”) by issuance of new shares in the Company, and to the offer from an existing shareholder of the Company to sell up to 453,908 existing shares in the Company. The delivery versus payment (DVP) settlement in the Offering is facilitated by share lending agreements between Arctic Securities AS, acting as manager in the Private Placement (the "Manager"), the Company and Å Energi Invest AS, Jackson Leigh Ventures, LLC, a closely associated company to the Company's CEO, William (John) Berger, and EIC Rose Rock Ventures I, LP, a closely associated company to board member George Coyle (the "Share Lending Agreements"). Mandatory notification of trades: Please see the attached PDMR forms related to the allocation of shares to persons discharging managerial responsibilities ("PDMRs") in connection with the Private Placement. The following PDMRs have subscribed for and been allocated new shares in the Private Placement at the subscription price of NOK 11.50 per share: • Lars Erik Torjussen, Chair of the Board of Directors, has been allocated 16,783 shares; • George Coyle, member of the Board of Directors, has been allocated 11,642 shares. Disclosure of shareholding Prior to the Offering on 2 July 2026, Å Energi Invest AS held 10,233,258 shares in the Company, representing 13.87% of the total shares and votes in the Company. Following the board of directors' resolution to issue 5,852,652 new shares in the Offering, Å Energi Invest AS' proportionate shareholding has been diluted to 12.85% of the total shares and votes in the Company. Pursuant to the Share Lending Agreement and in order to facilitate DVP settlement in the Offering, Å Energi Invest AS will temporarily hold 4,380,606 shares, representing 5.94% of the total shares and votes in the Company, thereby falling below the 10% threshold set out in Section 4-2 of the Norwegian Securities Trading Act. This temporary reduction in shareholding will be reversed upon re-delivery of the borrowed shares to Å Energi Invest AS in settlement of the Share Lending Agreement, as described above. Disclosure regulation This disclosure is made pursuant to Article 19 of the EU Market Abuse Regulation (mandatory notification of trades by persons discharging managerial responsibilities and persons closely associated with them) and Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.
• Jul 02, 2026 INSIDE INFORMATION

  Otovo ASA: Private placement, retail offering and secondary sale successfully placed

  NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Reference is made to the announcement by Otovo ASA (the "Company" or "Otovo") on 2 July 2026 regarding a contemplated private placement to raise gross proceeds of the NOK equivalent of between USD 6 to 10 million (the "Private Placement") by issuance of new shares in the Company (the "Private Placement Shares") and a retail offering to raise gross proceeds of up to the NOK equivalent of EUR 1 million (the "Retail Offering", and together with the Private Placement, the “Offering”) by issuance of new shares in the Company (the “Retail Offering Shares”, and together with the Private Placement Shares, the "New Shares"), and to the offer from an existing shareholder of the Company (the “Selling Shareholder”) to sell up to 453,908 existing shares in the Company (the “Sale Shares”, and together with the New Shares, the “Offer Shares”) (the “Secondary Sale”). Otovo is pleased to announce that the Private Placement, the Retail Offering and the Secondary Sale have been successfully placed. The Company has allocated a total of 5,046,092 New Shares in the Private Placement and 806,560 New Shares in the Retail Offering, in each case at a subscription price of NOK 11.50 per share (the “Offer Price”), raising aggregate gross proceeds to the Company of approx. NOK 67 million. In addition, the Selling Shareholder has in connection with the Offering resolved on the sale and allocation of a total of 453,908 Sale Shares at the Offer Price, for a total amount of approx. NOK 5.2 million. Taken together, 6,306,560 Offer Shares have been placed at the Offer Price, representing a total transaction size of approx. NOK 72.5 million. The net proceeds from the Offering will primarily be used to fund the contemplated acquisition of Green Panel Energy Systems Ltd (the "Green Panel Transaction") and for general corporate purposes. In the event that the Green Panel Transaction is not completed, for any reason, following completion of the Offering, the net proceeds from the Offering allocated for this transaction may be applied towards general corporate purposes. The following primary insiders and close associates have subscribed for and been allocated Offer Shares at the Offer Price: • Lars Erik Torjussen, chair of the board, has been allocated 16,783 Offer Shares • George Coyle, board member, has been allocated 11,642 Offer Shares. Further details regarding the allocation of Offer Shares to primary insiders and close associates will be released in a separate announcement. The New Shares and the Sale Shares have been allocated by the Company's board of directors (the "Board") and the Selling Shareholder, respectively. The New Shares have been resolved issued by the Board pursuant to the authorization granted by the annual general meeting on 15 May 2026 (the "Board Authorization"). Listing of the New Shares on Euronext Oslo Børs requires a listing prospectus (the "Prospectus") as approved by the Financial Supervisory Authority of Norway and published by the Company. The New Shares will be issued on a separate, unlisted ISIN and will be redelivered to the relevant Share Lenders (as defined below) pursuant to the Share Lending Agreements (as defined below). The New Shares will only become tradeable on Euronext Oslo Børs once the Prospectus has been approved and published, which is expected during Q3 2026. Investors allocated New Shares in the Offering will, however, receive existing and unencumbered shares in the Company that are already listed on Euronext Oslo Børs pursuant to the Share Lending Agreements (as further described below). Settlement is expected to take place on or about 7 July 2026. The Offering is expected to be settled on a delivery-versus-payment (“DVP”) basis by delivery of existing and unencumbered shares in the Company that are already listed on Euronext Oslo Børs, pursuant to one or more of the share lending agreements (the "Share Lending Agreements") between the Company, the Manager, and Å Energi Invest AS ("Å Energi"), Jackson Leigh Ventures LLC, a closely associated company to the Company's CEO, William (John) Berger, holding its shares through Citibank N.A as nominee ("JLV"), and EIC Rose Rock Ventures I LP ("EIC"), a closely associated company to board member George Coyle (JLV, Å Energi and EIC are collectively referred to as the “Share Lenders”). Investors allocated New Shares in the Offering will thus receive tradable shares upon delivery. The Sale Shares are existing and unencumbered shares in the Company that are already listed on Euronext Oslo Børs. The Secondary Sale is expected to be settled on a DVP basis on or about 7 July 2026. As such, the investors allocated Sale Shares will receive tradable shares upon delivery. The share capital increase pertaining to the Offering is expected to be registered with the Norwegian Register of Business Enterprises on or about 14 July 2026. The New Shares issued by the Board will be used to settle the Manager's redelivery obligation under the Share Lending Agreements. Upon registration of the share capital increase pertaining to the issuance of the New Shares, the Company will have a share capital of NOK 7,964,845.60 divided on 79,648,456 shares, each with a nominal value of NOK 0.10. Completion of the Offering is subject to the Share Lending Agreements being in full force and effect. The Private Placement and the Retail Offering represents a deviation from the pre-emptive rights of the existing shareholders of the Company under the Norwegian Public Limited Companies Act. When resolving the issuance and allocation of shares in the Offering, the Board considered this deviation and the equal treatment obligations under the Norwegian Public Limited Companies Act. The Board is of the opinion that there are sufficient grounds to deviate from the pre-emptive rights and that the Offering is in compliance with the equal treatment requirements. By structuring the transaction as a private placement and through the Retail Offering, the Company was able to raise capital in an efficient manner, with a lower discount to the current trading price and with significantly lower completion risks compared to a rights issue. On the above basis, the Board has concluded to not carry out a subsequent offering. Lastly, it has been emphasized that the Retail Offering has provided an opportunity for existing shareholders who were not able to participate in the Private Placement to participate in the equity injection, thereby promoting broader shareholder participation. *** DISCLOSURE REQUIREMENT This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published by Eleanor Gilbane, general counsel, at the time and date stated above in this announcement. *** ADVISORS Arctic Securities AS acts as Manager and Roth Capital Partners, LLC acts as financial advisor for the Private Placement. Advokatfirmaet Schjødt AS acts as legal advisors to the Company. *** CONTACT INFORMATION For further information, please contact: William J. (John) Berger, Chief Executive Officer Email: [email protected] *** 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/. *** IMPORTANT INFORMATION This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act. In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the EU Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "EU Prospectus Regulation" means Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 as amended (together with any applicable implementing measures in any Member State). In the United Kingdom, this communication is only addressed to and is only directed at persons who are “qualified investors” as defined in paragraph 15 of Schedule 1 to the Public Offers and Admission to Trading Regulations 2024, and who are: (i) persons having professional experience in matters relating to investments falling within the Article19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”): or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order; or (iii) such other persons to whom it otherwise lawfully be communicated (all such persons being “Relevant Persons”). Securities issued by the Company are only available to, and any invitation, offer or agreement to purchase securities will be engaged in only with, Relevant Persons. These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. In Israel, this communication is only addressed to and is only directed at "Qualified Investors" within the meaning of the First Schedule to the Israeli Securities Law, 5728-1968. The securities have not been and will not be offered, sold or distributed in Israel to any person or entity other than to "Qualified Investors". Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believe that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict, and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not make any guarantee that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this announcement. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement. Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein. This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe
• Jul 02, 2026 ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE

  Otovo Completes Acquisition of SunSystem Technology for $1.3 Million, Bringing Service Platform to Approximately 30% of The United States

  SST is the seventh acquisition Otovo has closed since its December 2025 merger, part of a disciplined program to build national scale in distributed energy services HOUSTON, TX, July 2, 2026 – Otovo ASA (Euronext Oslo Børs: OTOVO) today announced the completion of its acquisition of SunSystem Technology, LLC ("SST"), a national provider of operations and maintenance (“O&M”) services for distributed generation assets. The closing follows the letter of intent announced in June 2026 and marks the seventh acquisition Otovo has completed since December 2025. With the close, SST's 14-state operating footprint is now fully part of Otovo's national platform, giving the company true coast-to-coast coverage across the United States. Highlights • The aggregate maximum earn-out is $1.3 million, comprised of a $200,000 cash closing payment, plus an additional earn-out based on net income from operations in the United States, payable through the end of 2028. • The earn-out consideration will be allocated between cash and shares, with the first $300,000 of aggregate earn-out payments being paid entirely in cash and the next $300,000 being paid as a seller credit convertible into shares. Any aggregate earn-out payment exceeding $600,000 will be paid 50% in cash and 50% as a seller credit convertible into shares. • SST's operations, technicians, and customer relationships transfer to Otovo’s umbrella effective immediately. • SST's field operations are now being onboarded onto the Endurance® AI platform, extending automated intake, dispatch, scheduling and supply chain coordination to a 14-state footprint. • Closing completes the seventh transaction in Otovo's post-merger acquisition program, reinforcing the company's track record of integrating acquired businesses quickly and profitably. "Closing SST is a milestone for Otovo, as it proves out the acquisition model we've been running since December," said William J. (John) Berger, CEO of Otovo. "Every deal we've closed has added scale, technology leverage and profitable revenue to the platform, and SST is no exception. We're now positioned to serve solar, storage, and EV charging customers nationwide, backed by Endurance® and a growing team that knows how to deliver reliable service at scale." "We're excited to officially join the Otovo team," said Matt Alestra, CEO of SunSystem Technology. "This closing lets us move quickly. Our customers will start seeing the benefits of Otovo's AI-driven platform right away, without any disruption to the high level of service they count on from SST." Otovo expects to continue its acquisition program in the coming quarters as it builds toward becoming the leading technology-enabled energy services company in the United States. About SunSystem Technology As a solar operations and maintenance (O&M) and asset management company, SunSystem Technology has deep experience in post-installation PV services ensuring optimal financial performance of solar assets. Over the past 10 years, SST has set the standard for the solar industry in servicing distributed generation, EV charging, and storage systems. Their innovative and agile approach has created clear market leadership with significant scale and robust national coverage for residential portfolios, commercial system owners, asset managers, and EV charging station networks. For more info visit sstsolar.com. About Otovo Otovo is a technology-enabled 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 otovo.com. # # # Contact Matt Dallas 917-363-1333 [email protected] DISCLOSURE REQUIREMENT: This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12.
• Jul 02, 2026 INSIDE INFORMATION

  Otovo ASA: Contemplated private placement, retail offering and secondary sale

  NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Oslo, 2 July 2026: Otovo ASA (the "Company" or "Otovo") hereby announces a contemplated private placement to raise gross proceeds of the NOK equivalent of between USD 6 and 10 million (the "Private Placement") by issuance of new shares in the Company (the "New Shares"). The Company has engaged Arctic Securities AS as sole manager and bookrunner in the Private Placement (the "Manager"). Roth Capital Partners, LLC has been appointed as the Company's financial advisor in connection with the Private Placement. In connection with the Private Placement, an existing shareholder of the Company (the “Selling Shareholder”) will offer up to 453,908 existing shares (the "Sale Shares") in the Company (the “Secondary Sale” and together with the Private Placement, the "Offering"). In addition to the Private Placement, the Company will conduct a separate offering directed at retail investors (the "Retail Offering", and the New Shares issued thereunder, the "Retail Offer Shares" and together with the New Shares and the Sale Shares, the "Offer Shares") to raise gross proceeds of up to the NOK equivalent of EUR 1 million, subject to applicable exemptions from prospectus requirements, to be facilitated through Nordnet Bank AB ("Nordnet") and made through its facilities. Application period for the Retail Offering commences at 16:30 (CEST) on 2 July 2026 and will run until 21:00 (CEST) on 2 July 2026 (the "Retail Application Period"). The net proceeds from the Private Placement will primarily be used to fund the contemplated acquisition of Green Panel Solar Energy Systems Ltd. ("Green Panel" and the "Green Panel Transaction") and general corporate purposes. In the event that the contemplated acquisition of Green Panel is not completed, for any reason, following completion of the Private Placement, the net proceeds from the Private Placement allocated for the Green Panel Transaction may be applied towards the other purposes, including general corporate purposes. An updated company presentation is available at the Company's website. A reference is also made to the press release dated 28 May 2026 where the Company announced an LOI to acquire SunSystem Technology, LLC (SST). Signing of definitive agreements and closing on the terms previously announced is expected to occur shortly, subject to satisfaction of conditions precedent. No guarantees can be made the closing will occur, and an update will be made to the market as and when available. TIMELINE AND DETAILED TERMS OF THE PRIVATE PLACEMENT The bookbuilding period for the Private Placement commences today, on 2 July 2026 at 16:30 hours (CEST) and will end on 3 July 2026 at 08:00 hours (CEST) (the "Bookbuilding Period"). The Company reserves the right, after consultation with the Manager, to at any time and in its sole discretion to close or extend the Bookbuilding Period or to cancel the Private Placement in its entirety for any reason and without notice. If the Bookbuilding Period is shortened or extended, the other dates referred to herein may be changed correspondingly. The offer price in the Offering is fixed at NOK 11.50 (the "Offer Price"). The final number of Offer Shares to be issued and Sale Shares to be sold will be determined by the Company’s Board and the Selling Shareholder, respectively, in consultation with the Manager (as defined below), on the basis of a bookbuilding process. The Selling Shareholder reserves the right, at its own discretion, to amend the number of shares sold, or to sell no shares at all in the Secondary Sale. If the demand in the Offering is satisfactory, the Selling Shareholder may sell its entire shareholding in the Company. The Offering will be directed towards Norwegian and international investors, subject to applicable exemptions from relevant registration, filing and prospectus requirements, and subject to other applicable selling restrictions. The minimum application amount has been set to the NOK equivalent of EUR 100,000. The Company may, however, at its sole discretion, allocate amounts below the NOK equivalent of EUR 100,000 to the extent of exemptions from the prospectus requirements in accordance with applicable regulations, including the EU Prospectus Regulation (Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017) and ancillary regulations, as implemented pursuant to the Norwegian Securities Trading Act, are available. The final number and allocation of Offer Shares to be issued will be determined by the Board in consultation with the Manager following the Bookbuilding Period. The New Shares (including the Retail Offer Shares) will be issued pursuant to the authorization to issue new shares (the "Board Authorization") granted by the annual general meeting of the Company held on 15 May 2026. Listing of the New Shares (including the Retail Offer Shares) on Euronext Oslo Børs will require a listing prospectus (the "Prospectus"), subject to approval by the Financial Supervisory Authority of Norway. The Prospectus is expected to be approved during Q3 2026. As such, the New Shares (including the Retail Offer Shares) will be issued on a separate, unlisted ISIN and will be redelivered to the Share Lenders (as defined below) pursuant to the Share Lending Agreements (as defined below). Settlement is expected to take place on or about 7 July 2026. The Private Placement is expected to be settled on a delivery-versus-payment (DVP) basis by delivery of existing and unencumbered shares in the Company that are already listed on Euronext Oslo Børs, pursuant to share lending agreements (the "Share Lending Agreements") between the Company, the Manager, and Å Energi Invest AS ("Å Energi"), Jackson Leigh Ventures LLC, a closely associated company to the Company's CEO, William (John) Berger, holding its shares through Citibank N.A as nominee ("JLV"), and EIC Rose Rock Ventures I LP ("EIC"), a closely associated company to board member George Coyle (JLV, Å Energi and EIC are collectively referred to as the “Share Lenders”). Investors allocated New Shares (including Retail Offer Shares) will thus receive tradable shares upon delivery. The Sale Shares are existing and unencumbered shares in the Company that are already listed on Euronext Oslo Børs. As such, the investors allocated Sale Shares will receive tradable shares upon delivery. The settlement date remains subject to any shortening or extension of the Bookbuilding Period and the satisfaction of the Conditions (as defined below). The share capital increase pertaining to the Private Placement is expected to be registered with the Norwegian Register of Business Enterprises on or about 14 July 2026. The new shares to be issued by the Board will be used to settle the Manager's redelivery obligation under the Share Lending Agreements. The allocation of Offer Shares will be carried out at the Board’s discretion, based on criteria such as (but not limited to) perceived investor quality, existing ownership in the Company, price leadership, timeliness of an application, early indication, relative order size, sector knowledge, investment history and investment horizon. The Board may, at its sole discretion, reject and/or reduce any applications. There is no guarantee that any applicant will be allocated Offer Shares. The completion of the Private Placement is subject to (i) a resolution by the Board to consummate the Private Placement and allocate the Offer Shares, (ii) a resolution by the Board to issue the New Shares (including the Retail Offer Shares) pursuant to the Board Authorization, and (iii) the Share Lending Agreements remaining unmodified and being in full force and effect pursuant to its terms and conditions (jointly the "Conditions"). Completion of the Secondary Sale is subject to the Selling Shareholder resolving to accept and approve the Secondary Sale. Up until notice of allocation, the Offering may be cancelled by the Company, in consultation with the Manager, in its sole discretion for any reason. Neither the Manager nor the Company will be liable for any losses if the Offering is cancelled, irrespective of the reason for such cancellation. Completion of the Offering is not conditional upon the completion of the Green Panel Transaction. RETAIL OFFERING THROUGH NORDNET To give retail investors the opportunity to participate on the same terms as institutional investors, the Company is conducting the Retail Offering in addition to the Private Placement, facilitated through Nordnet. The Retail Offering is open to the public in Norway and allows individual investors to subscribe for new shares at the Offer Price, up to a maximum of the NOK equivalent of EUR 1 million in aggregate, subject to applicable exemptions from prospectus requirements and other applicable filing and registration requirements. Applications in the Retail Offering can be made through Nordnet's website from commencement of the Retail Application Period and must be submitted before the end of the Retail Application Period. Further information regarding payment and delivery in respect of the Retail Offering is available at: www.nordnet.no/aksjer/ipo-emisjon (http://www.nordnet.no/aksjer/ipo-emisjon). Information regarding the Retail Offering will be available around 16:45 (CEST) on 2 July 2026. The Retail Offering will not be carried out if the Private Placement is not completed. The Private Placement is not conditional on the Retail Offering. Each applicant in the Retail Offering accepts the following by placing an application through Nordnet's platform: an investment in the Retail Offer Shares is made solely at the applicant's own risk and is based on the applicant's own assessment of the Company and the Retail Offer Shares. An investment in the Retail Offer Shares is only suitable for investors who can afford to lose the investment amount. No prospectus or other document providing a similar level of disclosure has been prepared in connection with the Retail Offering. Allocation of Retail Offer Shares in the Retail Offering will be determined by the Board at its sole discretion following the expiry of the Retail Application Period. The Retail Offering is limited to a maximum total amount of the NOK equivalent of EUR 1 million. Allocations will be reduced at the Board's discretion should demand exceed this limit. *** LOCK-UP The board members who are existing shareholders of the Company and Jackson Leigh Ventures, LLC, a wholly owned limited liability corporation of, and close associate to, the Company's CEO, William (John) Berger, have accepted a three-month lock-up period. The lock-up undertakings are subject to certain customary exemptions. *** POTENTIAL SUBSEQUENT OFFERING The Company may, subject to completion of the Private Placement and certain other conditions (including among others (i) approval by the Board and, if relevant, an extraordinary general meeting of the Company and (ii) approval and publication of a prospectus) propose to carry out a subsequent offering of shares in the Company (the “Subsequent Offering”) which will be directed towards existing shareholders in the Company as of 2 July 2026 (as registered in VPS two trading days thereafter), who (i) were not included in the pre-sounding phase of the Private Placement, (ii) were not allocated shares in the Private Placement, and (iii) are not resident in a jurisdiction where such offering would be unlawful or (for jurisdictions other than Norway) would require any prospectus, filing, registration or similar action. *** EQUAL TREATMENT CONSIDERATIONS The Private Placement represents a deviation from the shareholders' pre-emptive right to subscribe for and be allocated the New Shares (including the Retail Offer Shares). The Board has considered the structure of the equity raise in light of the equal treatment obligations under the Norwegian Public Limited Companies Act, and the Board is of the opinion that the transaction structure is in compliance with these requirements. The share issuance will be carried out as a private placement in order for the Company to complete the equity raise in a manner that is efficient and with a significantly lower risk and a significantly smaller discount to the current trading price compared to a rights issue. Further, the Subsequent Offering, if implemented, will secure that shareholders eligible to participate in the Subsequent Offering will receive the opportunity to subscribe for new shares at the same subscription price as the Offer Price in the Private Placement. On this basis, and based on an assessment of the current equity capital markets, the Board has considered the proposed transaction structure to be in the common interest of the Company and its shareholders. *** DISCLOSURE REQUIREMENT This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published by Eleanor Gilbane, general counsel, at the time and date stated above in this announcement. *** ADVISORS Arctic Securities AS acts as Manager and Roth Capital Partners, LLC acts as financial advisor for the Private Placement. Advokatfirmaet Schjødt AS acts as legal advisors to the Company. *** CONTACT INFORMATION For further information, please contact: William (John) Berger, Chief Executive Officer Email: [email protected] *** 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/. *** IMPORTANT INFORMATION This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act. In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the EU Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "EU Prospectus Regulation" means Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 as amended (together with any applicable implementing measures in any Member State). In the United Kingdom, this communication is only addressed to and is only directed at persons who are “qualified investors”, as defined in paragraph 15 of Schedule 1 to the Public Offers and Admission to Trading Regulations 2024, and who are: (i) persons having professional experience in matters relating to investments falling within Article19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”): or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order; or (iii) such other persons to whom it otherwise lawfully be communicated (all such persons being “Relevant Persons”). Securities issued by the Company are only available to, and any invitation, offer or agreement to purchase securities will be engaged in only with, Relevant Persons. These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. In Israel, this communication is only addressed to and is only directed at "Qualified Investors" within the meaning of the First Schedule to the Israeli Securities Law, 5728-1968. The securities have not been and will not be offered, sold or distributed in Israel to any person or entity other than to "Qualified Investors". Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict, and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not make any guarantee that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this announcement. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement. Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein. This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.
• Jun 16, 2026 INSIDE INFORMATION

  Otovo to Acquire Green Panel for $11 Million to Scale Global Energy Services Platform

  Strategic Acquisition of Israel’s Dominant Behind-the-Meter Energy Service Provider Expands Otovo’s Presence in Europe and the Middle East Oslo, Norway, June 16, 2026 – Otovo ASA (Euronext Oslo Børs: OTOVO; “Otovo”), a leading global energy service provider for residential and commercial customers, today announced it has entered into a letter of intent (LOI) to acquire Green Panel Solar Energy Systems Ltd. (“Green Panel”) for $11 million to be settled partly in cash and in Otovo shares. Green Panel is Israel’s dominant behind-the-meter energy service provider with expanding European operations. • Green Panel is expected to generate revenue and adj. EBIT of $12.8 million and $2.9 million, respectively, in 2026 • At completion this acquisition will accelerate Otovo’s expansion into the Middle East and further strengthens its position as a global leader • Synergies expected through integration of Green Panel's field operations onto the Endurance®™ AI platform, automating intake, dispatch, scheduling and supply chain • Acquisition also enables Otovo to enter into a service agreement with a leading global OEM of solar and energy storage equipment, covering 250,000+ installations at launch across multiple European markets, representing a significant expansion of Otovo's addressable customer base beyond its existing 1.4 million legacy customers Green Panel provides field service, replacement, maintenance, and logistics services for residential and commercial energy systems, including solar, batteries, EV chargers, and load management equipment. It operates the largest solar power command and control center in Israel and brings a profitable business with a dominant market position. The acquisition adds Hungary and Israel to Otovo’s growing global footprint, extending its geographic reach and service capabilities, while further expanding the company’s existing base of more than 30,000 customers. The acquisition will combine Otovo’s pan-European and North American (EMEA) footprint with Green Panel’s established field service experience in Israel, Hungary, and the broader EMEA region. Green Panel’s proven capabilities in dispatch, logistics coordination, and on-site execution by certified technicians complement Otovo’s AI-Native platform, Endurance®™, which continually monitors installed equipment and optimizes the entire service process from problem detection to resolution. “Green Panel’s leadership in the Israeli market, combined with their operational excellence and established command and control infrastructure, makes them an ideal addition to our global energy services platform,” said William (John) Berger, Chief Executive Officer of Otovo. “We’re excited to welcome David Touti, an industry veteran that brings extensive global leadership experience to the Otovo team. This is our 8th successful acquisition and our largest to date, demonstrating Otovo’s commitment to delivering the highest-quality field services to its partners and customers worldwide.” “Joining Otovo creates tremendous opportunities to leverage our operational expertise across a broader geographic footprint and integrate Endurance®™, the industry’s premier AI platform, to bring more value to our customers,” said David Touti, Founder and Chief Executive Officer of Green Panel. “Together, we can accelerate our mission to deliver quality, speed and operational excellence in energy services across multiple markets.” The transaction is subject to completion of due diligence with a satisfactory outcome, as well as the parties entering into definitive agreements. An update will be provided to the market as and when available. OEM partnership Green Panel and Otovo have entered a relationship with a large, global original equipment manufacturer (OEM) of batteries, inverters, and other equipment for homes and businesses to support end customers in multiple European markets. The agreements will initially cover Europe, the Middle East, and the United States, among other countries, representing more than 250,000 installations/homes at launch, with the expectation that additional countries will be added over time. About Otovo Otovo is an AI-Native 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 otovo.com. About Green Panel Green Panel is a Tel Aviv, Israel headquartered field services company supporting residential and commercial energy equipment across multiple markets in the Europe, Middle East and Africa (EMEA) region. The company provides on-site service execution, logistics coordination, and technician operations for solar and related home energy systems. The above includes forward-looking statements including goals, projections, targets, and plans based on current expectations and assumptions. Actual results may differ materially due to risks and uncertainties, including those described below. We do not undertake to update forward-looking statements except as required by law. This is not an offer to sell securities. Execution risks include: the ability to hit sales, margin, and deployment timelines; dependency on third-party installers/OEMs and data providers; variability in customer acquisition cost and payback; working-capital and financing availability; regulatory and compliance changes (telemarketing/TCPA, privacy, and state consumer rules); concentration of customers and partners; technology and data security incidents; and general economic conditions that affect demand and pricing. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the company’s expectations, plans, objectives, strategy, future operations, business performance, financial condition, prospects, growth opportunities, market position, anticipated benefits of transactions or initiatives, and other statements that are not historical facts. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions. These forward-looking statements are based on current expectations, assumptions, estimates, and projections and are subject to risks, uncertainties, and other factors, many of which are beyond the company’s control, that could cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, market conditions, regulatory developments, competitive pressures, customer demand, supply chain constraints, macroeconomic conditions, execution risks, and other risks described in the Company’s public filings or other disclosures, if applicable. The company undertakes no obligation to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. # # # Contacts Matt Dallas 917-363-1333 [email protected] DISCLOSURE REQUIREMENT: This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published by Eleanor Gilbane, general counsel, at the time and date stated above in this announcement.
• May 28, 2026 INSIDE INFORMATION

  OTOVO ASA – Q1 2026 RESULTS: TRANSFORMATION ON TRACK, STRONG FORWARD MOMENTUM

  Oslo, 28 May 2026 – Otovo ASA (Oslo Børs: OTOVO) today published its results for Q1 2026. Q1 2026 - A Deliberate Transition Q1 2026 reflects a quarter of intentional strategic repositioning. The company continued to de-emphasise capital-intensive newbuild installations in favour of higher-margin service-led revenues, including recurring services, field services and upgrade sales, while simultaneously integrating newly acquired businesses and rolling out the proprietary Endurance® AI platform across the group. Total revenue was $9.0m (Q1 2025: $12.8m), as the newbuild segment was de-emphasised in line with strategy. Service and Recurring revenues, the core of the service-led model and complemented by upgrade sales, grew from zero in Q1 2025 to $1.6m combined in Q1 2026, and continue to build week-over-week. Adjusted EBITDA improved to -$5.5m from -$5.9m in Q1 2025, despite the lower revenue base, reflecting a $2.2m lower opex base year-on-year (-23%) as $3.7m lower European payroll and Marketing cost more than offset the cost base consolidated from Onvis. The Q1 financials do not include EnergyAid (consolidated from Q2 2026), SunSystem Technologies (SST), or the revenue and operating benefits expected from the Green Panel strategic relationship; these contributions are expected to commence from Q2 2026 and onwards. CEO Comment "Q1 was exactly what we said it would be, a transitional quarter as we de-emphasise newbuild while ramping the service revenues, membership base and upgrade sales that will define this company going forward. The underlying numbers tell the right story: costs down 23%, service revenues growing every week, and unit economics improving. What matters most, however, is what comes next. We enter Q2 with a string of catalysts that are expected to fundamentally change the financial profile of the company. EnergyAid consolidates from this quarter, expected to bring nearly $19m in annualized revenue. The strategic relationship with Green Panel becomes operational. Organic sales are accelerating across service, memberships and upgrades, with strong w/w momentum, and our commercial business with meaningfully higher ARPU is gaining traction. And with the company-wide Endurance® rollout to complete by Q3, we expect to capture $4m in annualized savings against our Q1 pro forma base. Our M&A pipeline remains highly active. In addition to those already closed and underway, we continue to evaluate several potential targets for a strategic fit, accretion and integration potential. This is a platform designed for consolidation, and we are executing that strategy at pace.” William J. (John) Berger, Chief Executive Officer Business Highlights Q1 and to date • Delivered material organic cost reductions across the European business, with European payroll down $2.3m and marketing spend down $1.5m year-on-year as newbuild activity was de-emphasised in line with strategy • Membership base grew to approximately 20,000 (including EnergyAid), with strong week-on-week momentum and contribution from the acquired customer portfolios • Ramped Field Services operations through Q1 2026, growing the technician base and supply chain capacity; COGS in the quarter reflects investment in training and geographic density build-out, with unit economics expected to improve through Q2 and Q3 • Acquired three European customer portfolios (Zolar/Soly/Solcellespesialisten) and completed integration of Onvis Inc., establishing the US platform • Acquired Solar Service Professionals (SSP) in California, entering the largest US solar state • Acquired EnergyAid (CA, AZ, NV). $18.7m revenue in 2025, 30 service vehicles and 29 technicians, for $11.5m enterprise value. EnergyAid is already integrated ahead of schedule with $3m in identified annual cost savings • Signed LOI to acquire SunSystem Technology (SST). Complementing existing US operations and adding $14m revenue, for $2.1m enterprise value including a potential $1.3m earn-out based on net income targets • Established a strategic commercial relationship with Green Panel for pan-European field service delivery • Endurance® platform rollout underway across all entities; $4m in annualised run-rate savings identified for H2 2026, comprising $2.3m in SaaS cost avoidance and $1.7m in associated staffing reductions Outlook Otovo today issues its 2026 full-year guidance, targeting revenue of $80–90m and adjusted EBITDA of $2.5–7.5m. Year-end 2026 customer target is 60,000, net of churn. The company expects the second half of 2026 to reflect a materially improved financial profile as EnergyAid and SST consolidate, the Green Panel relationship becomes operative across European markets, commercial customer activity and upgrade sales ramp, and the full benefits of the Endurance® rollout are realised. Beyond closed acquisitions, Otovo continues to evaluate strategic opportunities that could accelerate the service-led platform. Any acquisitions or strategic transactions going forward would be additive to current guidance. Results Presentation The Q1 2026 results will be presented via webcast at 10:00 and can be viewed through the following link: www.investorweb.co/webcastdetail?id=69fc9658f012cc9d88ce59d2 For further information or questions please contact Investor Relations via e-mail to [email protected]. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the company’s expectations, plans, objectives, strategy, future operations, business performance, financial condition, prospects, growth opportunities, market position, anticipated benefits of transactions or initiatives, and other statements that are not historical facts. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions. These forward-looking statements are based on current expectations, assumptions, estimates, and projections and are subject to risks, uncertainties, and other factors, many of which are beyond the company’s control, that could cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, market conditions, regulatory developments, competitive pressures, customer demand, supply chain constraints, macroeconomic conditions, execution risks, and other risks described in the Company’s public filings or other disclosures, if applicable. The company undertakes no obligation to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.
• May 27, 2026 INSIDE INFORMATION

  Otovo to Acquire SST – Seventh acquisition since December 2025

  Strategic acquisition would expand Otovo’s U.S. footprint with coast-to-coast operations HOUSTON, TX, May 27, 2026 – Otovo ASA (Euronext Oslo Børs: OTOVO) today announced it has signed a non-binding letter of intent to acquire SunSystem Technology, LLC ("SST"), a premier U.S. provider of operations and maintenance (“O&M”) services for distributed generation assets. Highlights • Transaction expected to comprise of (a) $0.77m cash consideration at closing and (b) a three year earn-out up to $1.3m based upon net income targets, payable in cash and Otovo shares • SST had revenue of ~$14m in 2025, implying a maximum EV/Revenue multiple of 0.15x, assuming full earn-out • SST is a national leader in distributed generation O&M with over 10 years of operating history, serving residential portfolios, commercial system owners and asset managers across 14 U.S. states, directly complementing Otovo's existing U.S. operations • Synergies to be realized with SST's field operations being integrated onto the Endurance® AI platform, automating intake, dispatch, scheduling and supply chain • The expanded national footprint enhances the value of Otovo's existing OEM and asset owner relationships, enabling multi-state service delivery The LOI is subject to satisfactory completion of due diligence, necessary corporate resolutions, and the parties entering into definitive agreements, in addition to customary closing conditions. "SST is our seventh transaction since the December 2025 merger and follows the playbook we committed to: accretive acquisitions of high-quality service businesses, integrating them onto the Endurance® platform, and building the scale. SST's expertise and coast-to-coast footprint is a strategic asset, and we look forward to welcoming the SST team to Otovo," said William J. (John) Berger, CEO of Otovo. “Joining forces with Otovo represents an exciting opportunity to leverage cutting-edge AI technology while maintaining the high-quality, customer-focused service SST is known for,” said Matt Alestra, CEO of SunSystem Technology. “Otovo’s vision for integrated energy solutions aligns perfectly with our commitment to ensuring optimal performance of solar assets. Together, we’ll deliver even greater value to customers facing rising electricity prices and the challenge of maintaining their energy investments.” Executing a Proven M&A Playbook The SST acquisition is the latest in a series of transactions since the December 2025 merger that have rapidly built Otovo's service platform: • Zolar / Soly / Solcellespesialisten: European customer portfolios acquired at low cost; thousands of orphaned customers converted to Otovo Care memberships • Freedom Power: Commercial service portfolio of 400+ systems across Texas, Florida and Colorado • Solar Service Professionals (SSP): Entry into California, the largest U.S. solar state • EnergyAid: $18m revenue, CA/AZ/NV, acquired for $11.5m EV • SunSystem Technology (SST): ~$14m revenue, 14-state coverage, maximum consideration ~$2.1m About SunSystem Technology As a solar operations and maintenance (O&M) and asset management company, SunSystem Technology has deep experience in post-installation PV services ensuring optimal financial performance of solar assets. Over the past 10 years, SST has set the standard for the solar industry in servicing distributed generation, EV charging, and storage systems. Their innovative and agile approach has created clear market leadership with significant scale and robust national coverage for residential portfolios, commercial system owners, asset managers, and EV charging station networks. For more info visit sstsolar.com. About Otovo Otovo is a technology-enabled 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 otovo.com. # # # Contact Matt Dallas 917-363-1333 [email protected] DISCLOSURE REQUIREMENT: This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published by Eleanor Gilbane, general counsel, at the time and date stated above in this announcement.
• May 26, 2026 NON-REGULATORY PRESS RELEASES

  Invitation to Q1 2026 presentation 28 May

  At 07:00 CET on 28 May 2026, Otovo will publish its Q1 2026 earnings report. CEO William J. (John) Berger and CFO Jennifer Santoscoy will give a presentation via webcast at 10:00 CET. The webcast can be viewed through the following link: www.investorweb.co/webcastdetail?id=69fc9658f012cc9d88ce59d2 For further information or questions please contact Investor Relations via e-mail to [email protected].
• May 22, 2026 NON-REGULATORY PRESS RELEASES

  Otovo Hits 30,000 Customers in Under a Year, Tackling the Growing ‘Solar Service Crisis’

  A growing wave of unsupported solar systems and rising electricity prices are creating strong demand for Otovo’s energy service platform HOUSTON--(BUSINESS WIRE)--Otovo ASA (“Otovo”), a leading global energy service provider for residential and commercial customers, today announced it has reached 30,000 customers across the U.S. and Europe. A total of 20,000 customers have enrolled in Otovo Care, the Company’s membership-based home and commercial energy service, which is powered by Otovo’s industry-leading AI platform, Endurance™. “Reaching 30,000 customers in less than year is proof positive that home and business owners value their power systems,” said William J. (John) Berger, CEO of Otovo. “The ‘solar service crisis’ that is leaving millions of orphaned energy systems without support is driving strong interest in our Otovo Care membership program. Every day your home or commercial power system is not working, you are throwing money away. Otovo’s rapid response service platform keeps you up and running, ensuring your investment is delivering.” The rapid growth of the residential solar market created a growing population of “orphaned” solar systems – installations left without support when the original providers exit the market or discontinue service operations. This ‘solar service crisis’ has left millions of home and business owners without a way to maintain or service their primary source of electricity. “Home and business owners are realizing that solar ownership doesn’t end at installation,” said Berger. “We have quickly become the leading service provider for residential and commercial customers. The double whammy of skyrocketing energy prices and lack of service have created a void in the market that Otovo is here to fill.” Otovo provides energy system support for solar, batteries and generators. The Company’s customer base includes one-time repairs and those that enroll in its Otovo Care membership program. Otovo Care is designed to help home and business owners protect energy savings, avoid unexpected downtime, and maximize the long-term value of their power investment. The Company’s proprietary Endurance™ AI platform continuously monitors customer systems, identifies performance issues in real time, and coordinates service dispatch and repairs. The platform helps reduce downtime, lower maintenance costs, and improve first-visit repair success rates. Endurance diagnoses the issue before Otovo dispatches its highly-skilled technicians, providing customers with a streamlined service that increases response time and reduces costs. Otovo’s comprehensive home energy solutions are delivered through an integrated platform that combines electricity supply, professional service and maintenance, and smart grid optimization via a Virtual Power Plant (VPP). Homeowners gain reliable power and dependable service through a single trusted partner. About Otovo Otovo is technology-enabled 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 otovo.com. Contacts Matt Dallas 917-363-1333 [email protected]
• May 15, 2026 ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE

  Otovo ASA: Minutes of the Annual General Meeting

  The annual general meeting of Otovo ASA was held today, 15 May 2026 at 14:00 hours CEST. All proposals on the agenda were adopted. Minutes of the general meeting are attached hereto and made available on the Company's investor website (https://investor.otovo.com/reports).
• Apr 24, 2026 ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE

  Otovo ASA: Notice of Annual General Meeting 2026

  Oslo, 24 April 2026 The Annual General Meeting of Otovo ASA (the "Company") will be held on 15 May 2026 at 14:00 CEST as a digital meeting. The notice and agenda of the General Meeting and the recommendations of the Nomination Committee are attached to this message. The documents related to the Annual General Meeting, including the Annual Report for 2025 and the remuneration report for 2025 are available on the Company's website: https://investor.otovo.com/reports. All shareholders wishing to attend and vote at the General Meeting must register their attendance by 12 May 2026 at 16:00 hours (CEST). Further information about registration and digital attendance to the meeting is included in the notice. This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.
• Apr 16, 2026 ANNUAL FINANCIAL REPORT

  Otovo publishes 2025 Annual Report

  Oslo, 16 April 2026 Today, Otovo ASA has published its Annual Report for 2025. The Annual Reports and related ESEF files are attached to this stock exchange notice and published on: https://investor.otovo.com/reports. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. For further queries, please contact: Sondre Bergloff, VP Corporate Finance Email: [email protected] About Otovo: Otovo is an AI-Native 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 otovo.com. Follow us on investor.otovo.com for reports, financial calendar, contact details, and more.
• Apr 09, 2026 ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE

  Financial calendar

  Financial calendar for Otovo ASA FINANCIAL YEAR 2026 13.08.2026 - Half-yearly Report 16.04.2026 - Annual Report 15.05.2026 - Annual General Meeting 28.05.2026 - Quarterly Report - Q1 12.11.2026 - Quarterly Report - Q3 11.02.2027 - Quarterly Report - Q4 This information is published pursuant to the requirements set out in the Continuing obligations.