Oslo, 2 February 2024: Reference is made to the stock exchange announcement
published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 25 January
2024, regarding the final results in the subsequent offering (the "Subsequent
Offering") where a total of 60,000,000 new shares in the Company (the "Offer
Shares") were subscribed for and allocated at a subscription price of NOK 0.50
per share (the "Subscription Price") and the Company's board of directors
resolved the capital increase pertaining to the Subsequent Offering.

The share capital increase pertaining to the Subsequent Offering has today been
registered with the Norwegian Register of Business Enterprises. The Company's
new share capital is NOK 335,205.03 divided into 536,328,048 shares, each with a
nominal value of NOK 0.000625.

Contacts

For more information, please contact:

Abhijit Saha Banik, CFO
Mobile: +47 408 30 964
E-mail: abi.banik@huddly.com

About Huddly AS

Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in order to empower human
collaboration. Combining our industry-leading expertise in artificial
intelligence, software, hardware, and UX, we craft intelligent camera systems
that enable inclusive and productive teamwork. Huddly cameras are designed to
provide high-quality, AI-powered video meetings on major platforms, including
Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable
hardware, and engaging user experiences, they are the ideal choice for
organizations seeking a future-proof, scalable, and sustainable solution.
Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the
US and EMEA and distribution globally.

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© Oslo Bors ASA, source Oslo Stock Exchange