The Board has received a notice of resignation from board memberMaria Borge Andreassen . The reason for the resignation is thatBorge Andreassen will take up a new position which, according to the rules of the new employer, is not compatible with continuing as director of Otello. She will resign effectively from1 May 2023 and a replacement candidate will be presented by the Nomination Committee to the annual general meeting. ChairmanAndre Christensen said: " Maria has been a valuable member of the Otello board for the last few years. We are thankful for her contributions and wish her the best in her new role." This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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